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China and Pakistan review progress on joint projects

china and pakistan review progress on joint projects (1)

Representatives of Pakistan and China looked at the progress of the China-Pakistan Economic Corridor (CPEC) for Special Economic Zones (SEZs) yesterday. They discussed how to continue completing the projects in future.

CPEC and SEZs, among others, are both being jointly evaluated by the two countries. They expressed satisfaction with achievements so far in an official statement by the Board of Investments (BOI).

The sixth meeting of the Joint Working Group was co-chaired by the Secretary Board of Investment (BOI) Fareena Mazhar and the Director-General National Development and Reform Commission of China, Ying Xiong.

Representatives of the Pakistani Embassy in Beijing and the Chinese Embassy in Islamabad attended the meeting with

The sixth meeting of the JWG, in contrast to previous meetings, had increased participation and presentations by provincial NDRCs. This collaboration will benefit both companies and help strengthen the business opportunities and trade between the two countries.

China has pledged to encourage its provincial businesses to cooperate with Pakistan for better investments and joint efforts.

The surveyor and geologist from China’s Geological Survey, Yang Wei Hua, is interested in Pakistan’s mining sector. Hua suggested collaboration between China Geological Survey, the Metallurgical Corporation of China and the Pakistan Geological Survey.

The Pakistan Mineral Development Corporation (PMDC) presented on the opportunities in their country for investment and the development of mineral resources.

The Board of Investment has proposed an SEZ and the CPEC Tower in Islamabad.

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