Pakistan, China Deepen Investment Coordination Efforts

Ambassador of Pakistan to China Khalil Hashmi held a meeting with honorary investment counsellors to align priorities for the year ahead, strengthen coordination, and fast-track more Chinese investment into Pakistan’s priority sectors through joint ventures and follow-up mechanisms.

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Pakistan’s Ambassador to China Khalil Hashmi held a series of meetings with honorary investment counsellors of Pakistan in China on Monday, in order to strengthen coordination and set clear priorities for the coming year for investments. Besides one-on-one meetings, the ambassador also had a working luncheon with all the counsellors to augment collaboration.

Hashmi appreciated the Counsellors’ regular contribution in important areas, such as the Hong Kong–Macao–Greater Bay Area, Xinjiang, Shandong, Henan, which are vital for innovation, industrial development, connectivity, and agriculture. He emphasized their contribution for more trade, investment, and people-to-people exchanges, and asked them to align their work more closely with Pakistan’s National Development Goals and export-oriented growth model.

The ambassador briefed participants on the progress made over the past two years, which ranges from identifying 21 priority sectors to focusing on joint ventures as the key to building a stronger productive capacity and human capital. He said recent B2B investment conferences and sectoral roadshows have been followed by an outcome of more than 300 MoUs and 25 joint ventures with a value worth $11 billion.

Emphasizing implementation, Hashmi called for effective follow-up to materialize the commitments into workable outcomes. The counsellors welcomed the institutionalization of the annual review and reiterated support for Pakistan’s economic diplomacy agenda.