· · 2 sources

Shengtang Group delegation seeks $10 million investment deal in Pakistan

A Chinese delegation from Shengtang Group met with Pakistani officials on Monday to discuss a potential $10 million memorandum of understanding.

Chinese delegation meets Haroon, shows $10mln investment in diverse fields
File photo Chinese delegation meets Haroon, shows $10mln investment in diverse fields Photo: Associated Press of Pakistan

Meeting covers multiple sectors

The group expressed interest in investing across industrial development, electric vehicles, infrastructure, energy, railways, tourism and urban development. Officials stated that the prime minister's vision for enhanced cooperation with China is being translated into practical outcomes. The delegation also discussed signing a memorandum of understanding worth US$10 million during their visit to Islamabad.

Regulatory reforms support investors

Adviser Haroon Akhtar Khan said business-friendly regulatory reforms are being introduced to attract foreign investment. He highlighted the land-lease model as an important facilitation mechanism for promoting industrial development in the country. The adviser invited Chinese investors to explore opportunities while noting Pakistan's reliability and resilience at the international level.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Associated Press of Pakistan
  • Express Tribune

Reported by

2 independent outlets. Headlines as published. Links open the original report.