PM Shehbaz invites fresh Chinese investment under CPEC Phase II
2 min readPrime Minister Shehbaz Sharif on Tuesday reaffirmed Pakistan’s commitment to expanding economic and industrial cooperation with China under CPEC Phase II during a series of meetings with leading Chinese companies.
The prime minister, currently on a four-day official visit to China, met delegations from major Chinese enterprises and invited them to increase investments in Pakistan’s agriculture, infrastructure, manufacturing and technology sectors.
In a meeting with FAMSUN CEO Zhengjun Chen, Shehbaz appreciated the company’s contribution to Pakistan’s agriculture sector, particularly in grain storage, feed production and food security.
He stressed the need to reduce post-harvest losses and invited the company to establish manufacturing and technology transfer facilities in Pakistan through incentives offered under Special Economic Zones and the Green Pakistan Initiative.
The prime minister also met Shandong Xinxu Group Corporation Chairman Hou Jianxin and welcomed the company’s growing investments in maritime development, battery manufacturing, mineral processing and industrial cooperation.
He praised the group’s role in projects including the Xinxu Special Economic Zone, the Sea-to-Steel project at Port Qasim, and investments linked to Gwadar and northern mineral resources. Shehbaz assured full government support for the projects and urged faster implementation under CPEC Phase II.
During another meeting, the prime minister met China Communications Construction Corporation (CCCC) Chairman Zhang Bingnan and senior officials of China Road and Bridge Corporation (CRBC).
He commended the companies for their decades-long contribution to Pakistan’s infrastructure sector, including projects such as the Karakoram Highway and Rashakai Special Economic Zone.
PM Shehbaz reiterated Pakistan’s commitment to fast-tracking key connectivity projects, including ML-1 and the Karakoram Highway realignment, saying the Chinese firms remained long-term strategic partners in regional connectivity and infrastructure modernisation.
The Chinese companies reaffirmed confidence in Pakistan’s economic potential and expressed strong interest in expanding investments across agriculture, industrial manufacturing, logistics, infrastructure and technology sectors.
Senior ministers and government officials accompanied the prime minister during the meetings and were directed to ensure timely follow-up on key decisions.
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