A number of chemical companies specialized in manufacturing world-class paint for buildings; furniture and automobile have shown keen business and investment interest through the partnership with local industrialists in Pakistan.
"We are an international chemicals supplier and our company intends to explore business and investment opportunities in Pakistan which has become an important investment destination for the Chinese businessmen and entrepreneurs after the launch of China-Pakistan Economic Corridor (CPEC)," Li Xing Xinong, founder of Hunan Banfert New Materials Technology said. He was addressing at Forum of CPEC Chemical Paint Technology Communication Center held at Hunan Chemical Vocational Technology College.
Hunan Banfert is an international chemical materials supplier, such as ultraviolet curable coatings, quick setting inks, waterborne industrial paints, industrial anti-corrosion coatings and special resins. Li established his company in 2007 in the north of Hunan province of China after finishing his study from Hunan Chemical Vocational Technology College said first he would visit Pakistan to assess the market potential and then decide to set up a plant in Pakistan.
He said presently his company was exporting its high-quality products to the USA and some European countries. Expressing confidence into the current economic situation in Pakistan, he said Pakistan's economy was now gearing up and there were more business and investment opportunities for the Chinese companies. Ming Xiancheng, General Manager, Xiangjiang Paint Technology Company, speaking on the occasion, also showed interest in the investment-friendly policies and incentives announced by the present government to attract foreign investment in Pakistan.
He informed that he was eager to visit Pakistan to interact local businessmen to explore trade and business opportunities in Pakistan. Wheaton, Project Manager, St. Fulin Group CPEC CCC expressed his complete confidence into the security situation in Pakistan and asked his countrymen to tap the potential of rising Pakistani market. He said Pakistan had entered the industrialization phase of the CPEC framework and special economic zones were being set up to facilitate the Chinese industrialists and investors. He informed the participants of the forum that the Chinese industrialists could also export their products to other countries from Pakistan.
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