Ministry of Industries & Production

FEDERAL MINISTER FOR INDUSTRIES & PRODUCTION GHULAM MURTAZA KHAN JATOI INVITES CHINES TO INVEST IN SMALL CARS

  Islamabad: March 11, 2016

PRESS RELEASE

Jatoi Invites Chinese to invest in small cars

                   Federal Minister for Industries and Production Rais Ghulam Murtaza Khan Jatoi has said that Chinese investors should invest in Pakistan’s growing auto market especially in small cars as there was a huge demand for small cars in the country. He expressed these views while talking to a delegation of Chinese investors led by vice Governor of Hubei province of People’s Republic of China in a meeting held in the  Ministry of Industries and Production in Islamabad on Friday. Mr. Ghulam Murtaza Khan Jatoi said there was a huge potential of investment in Pakistan in manufacturing, engineering, mining, energy and infrastructure. “CPEC has opened new horizons of industrial opportunities between China and Pakistan,” He said. He also invited Chinese investors to invest in Export Processing Zones and National Industrial Parks and urged to harvest the benefits of investment friendly policies of the present regime. He also lured the visiting delegation with new auto-policy, which he said was on cards. He briefly introduced new auto policy and benefits associated with new entrants. He also briefed the delegation about Export Processing Zone and National Industrial Parks of Gawadar. Vice Governor of Hubei and other members of the delegation showed their excitement for investment in the fast growing economy of Pakistan. Vice Governor Mr. Gan Rongkun said that industrialists and businessmen of Hubei were interested in every field from manufacturing to infrastructure building. Federal secretary Mr. Arif Azim, and CEO, Engineering Development Board Mr. Tariq Ejaz Choudhary were also present in the meeting, Federal Secretary, in his concluding remarks, said that there was a massive movement in the country in the wake of CPEC and that there was a lot of room to build bridges between the two brotherly nations. He also hoped that industry to industry relation will help learn a lot from Chinese experience. 

**********