Islamabad: Federal Minister Abdul Aleem Khan has expressed optimism about the potential transfer of major Chinese companies to Pakistan for investment. He emphasized that there will be bilateral investments in education, technology, and various sectors from China.
Speaking at a joint business conference in Beijing attended by 25 key Chinese companies interested in investing in Pakistan, Khan noted that 70% of the Pakistani population is young, offering a better labor force and a larger consumer market for businesses.
He pointed out that Pakistan has a strong IT workforce and highlighted that operational costs would be 70% lower compared to North America and Europe. As the fifth most populous country, Pakistan is well-positioned for collaboration and business opportunities.
The federal minister also stated that by enhancing the agricultural and livestock sectors, Pakistan could become a regional hub for business activities. He highlighted the country’s significant natural resources, noting that Pakistan has the seventh-largest copper reserves and the second-largest coal reserves. Furthermore, he mentioned that Pakistan has access to various international markets, including the United States, the European Union, and the United Kingdom.
