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China assures help in developing agriculture, telecom sectors
Thursday,June 18,2009 Posted: 14:14 BJT(0614 GMT)
  From:Business Recorder    Article type:Reproduced

BEIJING (June 18 2009): The Chinese Vice-Minister for Industries and Information Technology assured that his country will help Pakistan in developing agriculture and telcom sectors. He held out the assurance during his meeting with visiting Minister for Investment Senator Waqar Ahmed Khan.

The two sides also reached an agreement to strengthen their interaction to bring together the relevant private sectors of the two countries to achieve the results. On the occasion, Senator Waqar briefed the Chinese Minister who had visited Pakistan in 1993, about the investment opportunities his country offered for foreign investment particularly for Chinese.

Meanwhile, Commerce and Sourcing House (CASH), a Pakistani company based in Shenzen China organised an 'Agriculture Investment' conference in collaboration with the Ministry of Investment and Pakistan Embassy in Beijing. CASH plans to bring a group of Chinese investors in agriculture sector to Pakistan in near future for which discussion was also held with the Board of Investment (BOI).

The Chinese companies participated in the conference include manufactures of agriculture machinery, agro-based industry, poultry and husbandry equipment, horticulture and other related agriculture fields.Addressing the conference, Waqar Ahmed said Pakistan attached great importance to its socio-economic partnership with China.

The two sides geared up their co-operation for developing KK highway and digging a tunnel along this land link. Through this tunnel, "not only we lay gas pipeline to fetch gas from Turkmenistan but also lay a railway track and optical fibre. These utilities could also be used by our Chinese brethren," he pointed out.
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