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‘Swiss companies interested in CPEC’

Updated Apr 28, 2017 09:37am


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KARACHI: The Swiss government wants to help Swiss companies interested in exploring the opportunities offered by the China-Pakistan Economic Corridor (CPEC) that will help improve bilateral trade and business, said Swiss Consul General in Karachi Philippe Crevoisier at a press conference held here on Thursday.

The press conference was followed by presentations on CPEC organised by the consulate general of Switzerland and the Swiss Business Council of Pakistan (SBCP) as part of efforts to discuss opportunities for foreign investors in the ambitious project.

Sharing his views, Mr Crevoisier said a similar meeting had been held in Islamabad recently to establish networks, exchange ideas and information over the opportunities available in Pakistan for investment through CPEC.

“Many foreign investors initially considered that CPEC is mainly a China-Pakistan venture. However, as the project has advanced, many business opportunities are coming up for other countries to be part of the corridor,” he said.

President of the SBCP Farhat Ali said CPEC would provide excellent opportunities to businesses.

Published in Dawn, April 28th, 2017


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Comments (8) Closed

M. Emad Apr 28, 2017 10:10am

China will not allow any other big foreign companies/ investors in China-Pakistan Economic Corridor (CPEC) project.

Ashraf masood Apr 28, 2017 10:11am

Many such news came in the past but no country made it till date. All sounds like stories created by politicians. It is clear that no country will invest in a Chinese project. There is no advantage.

amir_indian Apr 28, 2017 10:44am

which Swiss companies and their owner name & company profile.

K.T.H. Apr 28, 2017 10:51am

CPEC will be of extreme interest to Swiss Banks.

hasan ali Apr 28, 2017 06:29pm

Why are the Europeans interested now ? $50 BILLION is like loose change in the sofa for the colonial powers. Hopefully China will bring change in the former colonies of the West in Africa and Asia.

hasan ali Apr 28, 2017 06:31pm

@M. Emad - A lot of Chinese companies are owned by the large American companies. Pakistan should let the Europeans invest - even thou they are 7 decades late.

Muhammad Apr 28, 2017 06:57pm

Let the CPEC completed then lot of countries will show their interest in it until and unless we inculcate confidence in foreign investors nobody will prepare to invest we have to eradicate terrorism, extremism an corruption first to entice the foreign investors

Raheel Khan Apr 28, 2017 07:26pm

I have asked some questions, there are some other questions are also hanging around. Please read below to the end, I have some points mentioned below, some interesting facts mostly missed in the slur of patriotism. The attempt to turn such questioning into issues of patriotism or of maligning our best friends strengthens the impression that all is not aboveboard. These are the standard tactics of those who wish to divert discussion from facts and stifle inquiries through intimidation.   1. More than fifty thousand Chinese workers are working in the country, so no employment for locals. 2. The shortest route is from Balochistan into KP province, so why the route needs to come to Sindh (Zardari home town) and goto Lahore…. Think about the land prices adjacent to CPEC road. 3. There is no water in Gwadar so desalination plant will be built but it will only feed the thirsty not enough for industry.