ISLAMABAD, OCT 14 (DNA) : The two reports, “Glorious 11-Years – How Chinese Companies Reshaped the Power Sector in Pakistan” and “Business Climate Index of Chinese Companies in Pakistan,” were released by the China Chamber of Commerce in Pakistan (CCCPK) in collaboration with the Institute of Regional Studies (IRS).
Yousaf Raza Gilani, Chairman of the Senate, noted that the reports highlight the strong partnership between Pakistan and China in various sectors, particularly business and energy. He remarked that Chinese companies in Pakistan have greatly enhanced the country’s economic prosperity and contributed significantly to the development of the power sector. He underscored that these reports exemplify the transparency of Chinese operations in Pakistan.
The Chinese Ambassador, H. E. Jiang Zaidong, expressed gratitude for Pakistan’s support in creating a conducive environment for Chinese companies. He noted that with the China-Pakistan Economic Corridor (CPEC) now in its second phase, more investments from China were anticipated, as several projects from the first phase were set to be operationalized.
The Federal Minister for Finance, Muhammad Aurangzeb, emphasized the important role and performance of Chinese companies. He mentioned that the support provided by Chinese companies to the energy sector was significant and expressed hope for more cooperation in the second phase of the China-Pakistan Economic Corridor (CPEC), which he described as crucial and rewarding.
Federal Minister for Information & Briadcasting, Mr Atta Tarar emphasized the importance of Pakistan-China relations, stating that both countries share a strong emotional bond that has continued to grow over the years despite the challenges posed by spoilers. He added that China supported Pakistan at a time when no investor was ready to invest in the country and when it was facing long hours of load shedding.
Senator Saleem Mandviwalla stated that the two reports highlight China’s steadfast commitment to supporting Pakistan’s economic prosperity and the close cooperation between the two countries. Liu Yanggang, Vice General Manager of Three Gorges South Asia Investment Company in Pakistan, remarked that this was a historic moment as the contributions of Chinese companies in Pakistan gained recognition.
Ambassador Jauhar Saleem, President of the IRS, emphasized that both reports were vital for boosting confidence in the business communities of both countries and would facilitate increased investments in Pakistan.
 : The two reports, "Glorious 11-Years – How Chinese Companies Reshaped the Power Sector in Pakistan” and “Business){kind=link}