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Updated 06 Oct, 2015 08:02am

Chinese investors eye joint ventures in power projects

LAHORE: Chinese investors have shown keen interest in joint ventures with their Pakistani counterparts in the fields of solar and coal power generation.

A two-member Chinese delegation while visiting Lahore Chamber of Commerce and Industry (LCCI) on Monday said that private sector of both the countries needs to come forward to further strengthen the bilateral relations.

On the occasion, LCCI President Sheikh Muhammad Arshad anticipated that the bilateral trade between the two countries would touch $15 billion within the next few years.

He said: “Although Pakistan’s exports to China are gradually increasing, the trade has always been in favour of China.”

The two countries had a combined market of more than 1.5bn people but the trade volume needs to be pushed up, he added.

Published in Dawn, October 6th , 2015

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