QUETTA: A major investment conference between Pakistan and China has concluded with billions of dollars in new deals, with a special focus on the province of Balochistan.
Bilal Khan Kakar, Vice Chairman of the Balochistan Board of Investment and Trade BoIT, met with Chinese company leaders at the Pak-China B2B Investment Conference in Beijing. He promoted Balochistan as a prime destination for investment, highlighting its improving business environment and the support offered by the Pakistani government.
Kakar pointed to several major projects as key to future growth, including the Gwadar Port and new infrastructure developments under the China-Pakistan Economic Corridor (CPEC).
The conference specifically targeted investment in sectors like agriculture, solar energy, electric cars, healthcare, and steel production. The event was highly successful, resulting in the signing of 21 agreements and joint ventures worth a total of $8.5 billion.
Kakar called this a “historic milestone” that will create millions of jobs, boost Pakistan’s economy, and open new doors for growth. He assured Chinese investors that Pakistan is committed to addressing their concerns and learning from China’s development model.
He also stated that encouraging Chinese companies to move their operations to Pakistan would be beneficial for both countries, providing access to low-cost labor and new business opportunities while strengthening ties.
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