PM Shehbaz Sharif invites Chinese firm to invest in Pakistani mining sector
Inviting more investments from Beijing, Pakistan PM Shehbaz Sharif has asked Chinese firm MCC Tongsin Resources to invest in the mining sector of the country.
The Mining and Mineral sectors have been on the priority list of Special Investment Facilitation Council and a significant headway has also been achieved in this sector, reported ARY News.
The Chinese firm MCC Tongsin Resources is a research and investment company and a part of Metallurgical Group Corporation, which has been enlisted among the major Metallurgical Construction Contractors of the world, the newspaper reported.
The Chinese company earlier expressed its interest in enhancing its investment in Pakistan’s mining and minerals sectors.
The visit of the Chinese company to Pakistan is aimed at cementing ties between China and Pakistan and to assure that Pakistan would ensure security of Chinese nationals, working on different development projects, reported ARY News.
According to reports, China has invested sixty-five billion dollars in energy and infrastructure projects in Pakistan under China-Pakistan Economic Corridor.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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