Sunday, November 27, 2022

China plans to invest $15 billion in Pakistan’s petrochemical sector

According to a top government official, Chinese corporations have expressed an interest in investing $15 billion in Pakistan’s petrochemical sector.

Fareeha Mazhar, the federal investment minister, announced that Chinese businesses will invest in the petrochemical sector in Gwadar, including the Gwadar to China energy pipeline project, among other things. Fareeha Mazhar expressed herself.

She stated that the APP hoped that Chinese corporations would invest in Pakistan in the areas of energy, agriculture, tourism, and other related sectors in Pakistan. Pakistan is currently engaged in the development of a number of projects involving Chinese capital.

Read more: Pakistan donates 300 tonnes of food to Afghans

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