Chinese firms have announced plans to invest approximately $2.6 billion in the manufacturing sector of Balochistan, along with around $14 million in the province’s mineral sector. The investments aim to boost industrial activity and create employment opportunities for the local population.
The proposed investment plan was discussed during a meeting between a Chinese delegation and Senate Deputy Chairman Syedal Khan on Tuesday. The delegation was accompanied by former Balochistan Finance Minister Amjad Rasheed.
The delegation included Zhang Yang, Chairman of Chang Jiang Industries (SMC-Private) Limited.
During the meeting, the Chinese delegation informed the Senate deputy chairman that investors are interested in sectors including minerals, agriculture, transport, tourism, and others over the next five years.
Both sides explored investment opportunities in Balochistan and discussed avenues for strengthening economic cooperation between Pakistan and China.
Welcoming the Chinese investors, Mr. Syedal Khan said, “Balochistan offers immense potential for investment in mining, agriculture, tourism, energy and other sectors.”
