Copyright thedailycpec
A 15-member Chinese delegation, led by the Organising Committee of the China–Pakistan Safety Production Equipment Procurement Demand Matching Conference, visited the Board of Investment’s (BOI) Project Management Unit (Special Economic Zones) in Islamabad to explore new opportunities for industrial cooperation and investment under the China–Pakistan Economic Corridor (CPEC). The meeting, chaired by BOI Director General (PMU-SEZ) Farah Farooq, focused on enhancing collaboration between Chinese enterprises, Pakistani ministries, and the local business community to accelerate Pakistan’s industrialisation. BOI officials presented an overview of Pakistan’s investment landscape, emphasising facilitation measures and incentives available to investors in Special Economic Zones (SEZs). During the session, a detailed briefing on operational and developing SEZs was shared, outlining prospects for joint ventures, industrial relocation, and technology partnerships. The Chinese delegation expressed keen interest in establishing new manufacturing facilities in Pakistan and strengthening bilateral linkages in industrial development. The meeting concluded with the exchange of Memoranda of Understanding (MoUs) and joint venture proposals, reaffirming the commitment of both sides to convert discussions into tangible partnerships that would benefit both economies. The visit is aligned with the recently announced Action Plan to Foster an Even Closer China-Pakistan Community with a Shared Future in the New Era (2025–2029), agreed during Prime Minister Muhammad Shehbaz Sharif’s visit to China earlier this year. Under this action plan, both nations aim to deepen cooperation in developing industrial parks, demonstration projects, and advanced manufacturing zones. China has pledged continued support for enterprises investing in Pakistan’s SEZs, including those in Karachi and Islamabad, through preferential policies, an enabling business environment, and third-party participation in CPEC projects. The framework also encourages collaboration in sectors such as mining, export-oriented manufacturing, and industrial innovation.
