President Asif Ali Zardari today urged a leading Chinese conglomerate to significantly increase its financial commitment in Pakistan, particularly targeting critical sectors such as alternate energy, electric vehicle (EV) battery systems, and water treatment infrastructure.
During a meeting in Sanya, Hainan, China, Mr Zardari held discussions with Mr Wang Jian, CEO of Hangzhou Jinjiang Group. He appealed to the company to broaden its operational presence across Pakistan”s energy, industrial, and agricultural domains.
The head of state was informed that the Hangzhou Jinjiang Group, a top 100 Chinese business entity, is already involved in multiple projects within Pakistan. Its diverse activities extend across heavy industry, fertiliser production, oil and gas, coal gasification, renewable power generation, agriculture, and irrigation.
Mr Zardari underscored Pakistan”s proactive stance in vigorously promoting foreign capital inflow into various segments, with a strong emphasis on water treatment, EV battery systems, and alternative power solutions. He stressed that such collaborations are crucial for supporting sustainable growth and industrial advancement.
Furthermore, the President affirmed that the Government of Sindh would provide comprehensive support to foreign firms keen to invest in the province, especially within public-private partnership frameworks.
Accompanying Mr Zardari at the meeting were Senator Saleem Mandviwalla, Senior Provincial Minister for Sindh, Mr Sharjeel Inam Memon, Special Assistant to the Chief Minister of Sindh for Investment and Public-Private Partnership Projects, Syed Qasim Naveed Qamar, and the Chief Secretary, Sindh.