Monday, April 15, 2024

Swedish investors invited to invest in CPEC, SEZs

As Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Chairman Qurban Ali said, “Pakistan needs to deepen bilateral economic and trade ties with Sweden and should also work to boost business-to-business connectivity between the two countries.”

Ali asked the ambassador to invest in the fields of hydroelectric power, tourism, mines, minerals, transport and housing, with a view to strengthening cooperation between the two countries.

He invited Swedish investors to take advantage of the China-Pakistan Economic Corridor (CPEC) and related Special Economic Zones (SEZs) in different regions during a meeting with Sweden’s Ambassador to Pakistan, Henrik Persson on Wednesday.

The chief of the FPCCI said that the CPEC-related Gilgit-Baltistan(G-B) SEZ and others will help to increase business and industrial cooperation between the Swedish and Pakistani business communities.

He pointed out that G-B was a CPEC gateway and would provide Swedish businesspeople with opportunities to connect with China and regional countries, including the Central Asian Republics (CARs), in an attempt to benefit from their economies.

He proposed that Swedish investors and entrepreneurs might invest in agriculture, livestock, mining, minerals and milk products, and start joint ventures with local G-B industrialists.

He stressed that the hydroelectric power production potential was enormous, adding that the G-B region had tremendous tourism and livestock potential.

Speaking of more opportunities, the FPCCI official said that Gwadar presented the EU and the Scandinavian countries with an enormous opportunity to bind the whole region in order to achieve their economic and trade objectives.

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