Lahore:The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Acting President Zaki Aijaz emphasized that industrial cooperation was crucial at this time and expressed hope that it could be shifted to Pakistan.
He stressed that by learning from China, Pakistan can develop strategies to overcome economic challenges and achieve sustainable growth. He expressed these views while meeting with a high-level Chinese delegation comprising experts from diverse fields here on Sunday. The Chinese delegation visit aiming at providing invaluable insights into the Chinese economic model, emphasizing lessons that Pakistan can leverage for its own growth.
Welcoming the delegation Zaki Aijaz emphasizing that China and Pakistan were eternal friends, with a friendship that knew no bounds, he said that industrial cooperation was crucial at this time and expressed hope that it could be shifted to Pakistan.
Zaki believes that joint ventures and cooperation would create a win-win situation. He said the delegation’s visit was highly reassuring, and expressed hope that it would be both useful and productive for Pakistan.
He anticipated that it would enhance bilateral arrangements in areas such as industry, agriculture, economic zones, and help increase Pakistan’s capacity to produce agricultural items in high demand in China.
During the event, the Chinese delegation engaged in meaningful discussions with representatives from Pakistani industrialists and think tanks. The discussions covered a broad range of topics, including technology transfer, industria
lization, economic policy, industrial development, and sustainable growth. The interaction provided a platform for the exchange of ideas, fostering a collaborative approach to addressing economic challenges.
Zaki Aijaz emphasized that Pakistan is poised for a new era of economic growth and regional connectivity through the dynamic framework of the China-Pakistan Economic Corridor (CPEC). He highlighted that with a young, burgeoning population and a rapidly expanding middle class, Pakistan presents a compelling case for significant investment and development.
He further stated that CPEC is not just an infrastructure project but a framework for regional connectivity. It aims to enhance geographical linkages through people-to-people contact, academic and cultural exchanges, and robust trade and business flows. The initiative promises to transform Pakistan into a logistical hub, driving industrial, agricultural, and financial cooperation, along with human resource development and tourism.
He noted that beyond
infrastructure, CPEC opens up diverse opportunities for investment. The Special Economic Zones (SEZs) under CPEC offer further prospects for investment, particularly in the technology and manufacturing sectors.