Pakistan, Chinese Firms Deepen Investment Push Under CPEC Phase II
During talks with FAMSUN CEO Zhengjun Chen, the premier praised the company’s contributions to Pakistan’s agriculture sector, particularly in grain storage, feed production, and food security. He invited the firm to establish manufacturing and technology transfer facilities in Pakistan through Special Economic Zones and the Green Pakistan Initiative.
In a separate meeting with Shandong Xinxu Group Chairman Hou Jianxin, Prime Minister Sharif welcomed the company’s growing investments in maritime development, battery manufacturing, mineral processing, and industrial projects. He reaffirmed government support for key initiatives, including the Xinxu Special Economic Zone, the Sea-to-Steel project at Port Qasim, and development projects in Gwadar and northern Pakistan.
The prime minister also met senior executives of China Communications Construction Corporation (CCCC) and China Road and Bridge Corporation (CRBC), commending their longstanding role in Pakistan’s infrastructure development. He reiterated Islamabad’s commitment to accelerating major connectivity projects, including ML-1 railway modernization and the Karakoram Highway realignment under CPEC.
Chinese business leaders expressed confidence in Pakistan’s economic potential and signaled interest in expanding investments across agriculture, manufacturing, logistics, infrastructure, and technology sectors.