Top Pakistani trade body invites Sweden to join CPEC, invest in SEZs

ISLAMABAD, Jan. 21 (Gwadar Pro) – Federation of Pakistan Chambers and Commerce and Industry (FPCCI) Chairman Qurban Ali on Wednesday evening invited Swedish investors to join the grand mega project of China Pakistan Economic Corridor (CPEC) and related Special Economic Zones (SEZs) in different regions of Pakistan.

Presiding over a meeting with the Ambassador of Sweden to Pakistan Henrik Persson along with senior business leaders including Coordinator Capital House, FPCCI Mirza Abdur Reham and others here in FPCCI Capital Office, Qurban Ali proposed to the Ambassador to bring in investment in the potential areas of hydal power, tourism, mines minerals, transport and housing to enhance cooperation between the two countries.

The business leader said that CPEC-related Gilgit Baltistan (GB) Special economic Zone (SEZ) and others would increase the business and industrial cooperation between the business sector of Sweden and Pakistan.

He said that Swedish investors and businessmen can invest and start Joint Ventures with local industrialists in Gilgit Baltistan SEZ in value addition on agriculture, livestock, mines and minerals and milk products.

He said that GB is a CPEC gateway to provide opportunities to Swedish business people to connect with China as well as regional countries including Central Asian Republics (CARs) to get benefits from their economies.

While he said that in Gilgit Baltistan, there was a huge potential of hydro power, which also supports any foreign investor for available cheap energy to the industrial sector and provides secure business opportunity.

Qurban Ali also said that GB had a huge potential of tourism and livestock as the region owns the 8th biggest mountains of the world including every raw material for the industrial sector and agro-industries.

He said that Pakistan was now an emerging economy. Its including of the grand project of CPEC would not only provide economic and trade integration to South and Central Asian but also connect the future engine of the growth Asian Countries with potential markets of European Union and other trade routes of the world.

He said that deep sea port Gwadar also offers a huge opportunity to the whole world including EU countries and Scandinavian region to connect with the whole region to achieve their economic and trade targets.

Source: China Economic Net