Dr. Musadik invites Chinese enterprises to invest in Pakistan’s energy, petroleum sectors
ISLAMABAD: Federal Minister for Petroleum Dr. Musadik Malik Friday invited Chinese enterprises, especially those from Shaanxi province, to invest in Pakistan’s energy and petroleum sectors.
In his opening remarks at China (Shaanxi)-Pakistan Conference for Economic and Trade Cooperation on the sidelines of the 8th Silk Road International Expo at Xi’an Shaanxi Province, China he said “Top companies from Pakistan specializing in upstream, midstream and downstream petroleum and coal companies were looking to work with Shaanxi Companies to collaborate through investment, joint ventures and technology transfer said a news release received here.
He highlighted that this was a part of Pakistan’s broader effort to attract foreign direct investment to bolster infrastructure and energy production, areas crucial for the country’s socioeconomic development.
He underscored efforts to deepen provincial-level cooperation, focusing on enhancing B2B linkages across sectors such as mining, petroleum and energy, and technology.
The Minister said that the 8th Silk Road International Expo was not just a celebration of trade and investment; it was a celebration of the spirit of cooperation that defines the relationship between Pakistan and China.
The minister noted that the Belt and Road Initiative and its flagship project, the China-Pakistan Economic Corridor, were not only infrastructure projects but platforms for peace, prosperity and development for the entire world.