Prime Minister Shehbaz Sharif has directed the Gwadar Port Authority to provide all possible facilities to Chinese companies.
The premier made these remarks while talking to a delegation of Hangeng Trading Company of China led by its Chairman Zhang Bin in Islamabad today.
He also instructed to provide uninterrupted utilities to the Gwadar Free Zone. He said Pakistan is desirous of benefiting China’s success in the agriculture sector. He recalled that business-to-business agreements were signed between Pakistani and Chinese companies, which is a welcoming sign.
The delegation apprised the premier that Hangeng Trading Company was investing in the agriculture, livestock, pharmaceutical, and other sectors of Pakistan. It was told that the company was constructing a state-of-the-art slaughterhouse in Gwadar at a cost of $50 million.
The delegation said that the livestock sector of Pakistan would be able to export goods worth 30 million dollars annually after the completion of this slaughterhouse. It will also create around one thousand new jobs for the local people.
Besides, Hangeng Trading Company is exporting pharmaceuticals to China after processing them at the Gwadar Free Zone.
About the Author
Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.
Verified Professional
25+ Years Experience