PM meets delegations of 3 leading Chinese companies taking part in PCEC;

ISLAMABAD, Apr 20 (INP): Prime Minister Muhammad Nawaz Sharif held separate meetings with the top executives of three leading Chinese companies Huaneng Group, ICBC Corporation and Zonergy Corporation at the PM House here Monday morning.

While welcoming the delegations to Pakistan the Prime Minister appreciated that these companies are entering into agreements later today, for undertaking various projects in Pakistan including those part of China-Pakistan Economic Corridor.

The Prime Minister said Pakistan is facing acute shortage of energy and the government has made a commitment to the people of Pakistan to meet this shortage during its tenure in office, that is why a lot of emphasis is being laid on timely completion of these projects, particularly those in the energy sector.

He said the government would extend all possible facilitation to the Chinese companies. We will work hand in hand with you to remove any obstacle in your way to ensure timely completion of the planned projects, he said.

The Prime Minister said increased linkages among the business communities of the two countries would further strengthen the bonds of bilateral ties.

He said with the visit of Chinese President starting from today, will usher in a new era of development in Pakistan and open a new chapter in bilateral relations between the two countries.

The Prime Minister was pleased to note that ICBC, the largest bank in the world, will look into the possibility of setting up economic zones in Pakistan and encourage Chinese businesses to invest there.

The delegation leaders extended their best wishes to the Prime Minister and his government, saying under his leadership and with his commitment towards development Pakistan would continue to prosper.

They said the strong Pakistan-China friendship provides an excellent platform for boosting business relations between the two countries and said they are very happy to be part of building the China-Pakistan Economic Corridor.

Federal Minister for Water and Power, Khawaja Muhammad Asif; Chief Minister Punjab, Muhammad Shahbaz Sharif; Pakistan’s Ambassador to China, Mr. Masood Khalid; Secretary Water and Power, Mr. Younus Dagha also attended the meeting.