Vice Chairman BBOIT meets Chinese Consul General to strengthen trade and investment ties
Yang Yundong appreciates efforts of BBOIT in promoting investment opportunities and acknowledged Balochistan’s critical role in enhancing regional connectivity
Independent Report
KARACHI: The Vice Chairman of the Balochistan Board of Investment and Trade (BBOIT), Mr. Bilal Khan Kakar, held a significant meeting with Consul General Yang Yundong at the Consulate General of the People’s Republic of China in Karachi on Saturday.
The discussion centered on exploring and promoting business opportunities in Balochistan, with a focus on strengthening China-Pakistan economic ties.
During the meeting, Mr. Kakar provided a comprehensive briefing on the vast investment potential in Balochistan. He highlighted the region’s untapped resources, strategic location, and the opportunities available within its free trade zones. Special emphasis was laid on the development of Gwadar and its role as a critical hub in the China-Pakistan Economic Corridor (CPEC).
To encourage Chinese investors, Mr. Kakar elaborated on the government’s initiatives to ensure a business-friendly environment. He assured the Consul General of robust security measures in place to safeguard foreign investments and foster confidence among international stakeholders.
He also reaffirmed Balochistan’s commitment to fostering bilateral ties through trade, investment, and collaborative efforts in sectors like mining, energy, and infrastructure development. The Vice Chairman expressed his belief that such initiatives would serve as a catalyst for economic prosperity in the region and further cement the long-standing friendship between China and Pakistan.
Consul General Yang Yundong appreciated the efforts of BBOIT in promoting investment opportunities and acknowledged Balochistan’s critical role in enhancing regional connectivity. He expressed China’s willingness to strengthen economic collaboration and highlighted the importance of mutual cooperation in achieving shared development goals.
The meeting concluded with both sides agreeing to maintain close coordination to advance investment projects and explore new avenues for partnership, reinforcing the enduring strategic ties between the two nations.