MoU signed for China Pakistan Investment Initiative

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KARACHI: At the conclusion of the visit by a delegation of companies from China, led by Sha Zukang, Pakistan, China Friendship Association, BMA Capital Management Limited, Gomtazy Capital Partners Limited and International Green Economy Association, signed a memorandum of understanding for the establishment of China Pakistan Investment Initiative (CPII).
The CPII provides for ongoing support and services to companies from China seeking to invest in or do business in Pakistan with reciprocal services to Pakistani companies. The visit, organized by the Pakistani Embassy in Beijing, in addition to presentations on Pakistan’s sector based investment case, comprised B2B meetings in Islamabad, Lahore and Karachi.