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Published 10 Jan, 2018 07:45am

Chinese company looks for investment

ISLAMABAD: State-owned Chinese investment company CITIC Ltd will send a delegation of experts to Pakistan to explore avenues of cooperation.

The decision was taken at a meeting between Adviser to Prime Minister on Finance Miftah Ismail and a CITIC delegation led by Zhenyi Tang, chairman of CLSA, a subsidiary of CITIC Securities. CITIC Ltd is among China’s biggest conglomerates and owns large foreign assets.

Mr Zhenyi told Mr Ismail that CITIC Ltd is keen to invest in housing, construction, sovereign and private bond issuance, agriculture and power sectors.

The CITIC delegation later visited the Privatisation Comm­ission and held talks with its chairman, Daniyal Aziz.

Published in Dawn, January 10th, 2018

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