Beijing (PR): Vice Chairman of the Balochistan Board of Investment and Trade, Bilal Khan Kakar, held key meetings with representatives of various Chinese investment companies during the Pak–China B2B Investment Conference in Beijing. He briefed the investors on the vast opportunities available in Balochistan, the incentives and facilities provided by the Government of Pakistan, and the proactive role of the Investment Board in promoting business and investment.
Highlighting Balochistan as a land of immense potential, he emphasized that the province offers a rapidly improving business environment for Chinese investors. He underscored that the operationalization of Gwadar Port, development of five new corridors under CPEC Phase II, and the modernization of the Karakoram Highway and Main Line-1 railway will prove to be game changers for both Pakistan and China.
The conference placed special focus on enhancing cooperation and investment in agriculture, electric vehicles, solar energy, healthcare, chemicals and petrochemicals, iron, and steel sectors. On this occasion, 21 joint ventures and Memorandums of Understanding (MoUs) worth USD 8.5 billion were signed, which Bilal Khan Kakar hailed as a historic milestone.
He stated that these projects will open new avenues of economic growth in Balochistan and across the region, bring billions of dollars in investment, generate millions of profitable jobs, and significantly boost Pakistan’s GDP.
“Pakistan seeks robust cooperation with China in the second phase of CPEC. China’s development is a role model for us, and we are committed to resolving the concerns of Chinese investors on a priority basis,” he affirmed.
He further noted that the relocation of Chinese industries to Pakistan will not only benefit from affordable labor but also unlock modern facilities and new business prospects, thereby strengthening bilateral relations between the two nations.
