LAHORE: Punjab Industrial Estates Development and Management Company (PIEDMC) on Thursday awarded the status of special zone enterprise to 16 companies who hold the recipients of industrial plots in Quaid-e-Azam Business Park Sheikhupura and Vehari Industrial Estates.
By the approval, a collective investment of almost Rs50 billion is expected to come with plenty of new jobs.
BEIJING: Pakistan and China trade was significantly higher last year and Pakistan’s export of Sesamum seeds to China achieved a historical figure of $120.44 million in the year 2021.
China imported 92516.55 tons in 2021 and was one of the main destinations for Sesamum seeds exports from Pakistan, while in 2020 it was only 38000 kilograms, according to the official data from the General Administration of Customs of the People’s Republic of China (GACC).
The Board of Investment (BOI), Pakistan, and the National Development & Reform Commission (NDRC), China, have signed the much-anticipated Framework Agreement on Industrial Cooperation under CPEC on Friday, 4th February 2022.
The Prime Minister, Imran Khan, held a one-to-one meeting with the Chairman, NDRC, He Lifeng, at Beijing on Friday to deliberate on the progress of CPEC projects, which was followed by the signing ceremony of the Framework Agreement on Industrial Cooperation under CPEC.
Beijing: 06 Feb 2022 – H.E. Mr. Imran Khan, Prime Minister of the Islamic Republic of Pakistan visited Beijing at the invitation of the Chinese leadership from 3 to 6 February 2022 to attend the opening ceremony of the Winter Olympic Games 2022. During the visit, the Prime Minister held talks with H.E. President Xi Jinping, and H.E. Premier Li Keqiang.
The text of the following joint statement was released on the occasion.
KARACHI: Farooq Khan, Textile Commissioner of Pakistan said that the textiles exports can cross 20 billion dollars this year. Speaking at FPCCI meeting, he mentioned only 5 percent of Pakistan’s value-added textiles products are using synthetic materials and this must improve to increase the production rapidly.
Foreign Minister Shah Mahmood Qureshi says consistent efforts are being made for economic stabilization of the country by utilizing economic diplomacy.
He was talking to Chairman Board of Investment Muhammad Azfar Ahsan in Islamabad on Monday.
The Foreign Minister said our ambassadors are drawing the attention of the international community to the business opportunities available in Pakistan through economic diplomacy in light of the vision of Prime Minister Imran Khan.
ISLAMABAD: Foreign Minister Shah Mahmood Qureshi met Chairman Board of Investment (BOI) Mohammad Azfar Ahsan on Monday and assured him that the Ministry of Foreign Affairs will render all possible assistance to achieve the economic agenda of the government and meet the economic goals.
According to a statement issued by Qureshi’s media team, Secretary BOI Fareena Mazhar and other senior officials of the BOI were also present during the meeting.
Prime Minister Imran Khan Monday instructed that issues of special economic zones should be resolved on priority basis and measures for facilitating the investors should be implemented in the given timeframe.
He was chairing a high level meeting here on Special Economic Zones.
ISLAMABAD, Pakistan: The Ambassador of the Kingdom of Netherlands to Pakistan William Wouter Plomp accompanied by representatives from the Embassy of Netherlands met the Minister of State & Chairman Board of Investment (BOI) Muhammad Azfar Ahsan and the Secretary BOI Ms. Fareena Mazhar in Islamabad on Thursday.
The BOI leadership sensitized the ambassador about Pakistan’s liberal investment regime and the incumbent government’s commitment towards investment promotion.