KARACHI: A 70-member delegation of Chinese businessmen, private-sector entre­preneurs and investors, who are on a visit of Pakistan to explore business and investment opportunities in the sectors of energy, infrastructure, textile, agriculture, engineering, information and communications technology and mining visited the Pakistan Stock Exchange (PSX) on Thursday.

The visit of the Chinese delegation to PSX was facilitated jointly by the Ministry of Commerce, the Trade Development Authority of Pakistan (TDAP) and the National Bank of Pakistan.

Sha Zukang, the leader of the Chinese delegation, acknowledged Pakistan for its geographical location, blessed with abundant natural resources and hardworking people.

He said that with the improvement in law and order situation, the comprehensive strategic development partnership between China and Pakistan would bear fruits. He believed that Pakistan is essential for the economic success of China.

Muneer Kamal, Chairman of the Board of PSX, stated that with the induction of CPEC, Pakistani infrastructure is expected to expand.

He appreciated the contribution of banking sector and capital market in the growth of economy.

S.M. Muneer, Chief Executive of TDAP, stated that CPEC would lay down the foundation for industrial and commercial cooperation between the two countries.

Shamsuddin A. Shaikh, CEO-Sindh Engro Coal Mining Company, talked about the joint venture between the Government of Sindh and Engro Powergen Limited and a CPEC Project, established with the primary objective of making effective use of ample coal reserves in the Thar Desert to meet Pakistan’s power generation needs.

Nadeem Naqvi, MD PSX, highlighted the importance of infrastructure in economic development.

Published in Dawn, January 22nd, 2016