SEZs will attract foreign investments from China & rest of world: President

News Desk

Special Economic Zones (SEZs) being established in Pakistan will attract investments from China and rest of the world, the President Dr Arif Alvi has said, adding that China Pakistan Economic Corridor (CPEC), a flagship project of Belt & Road Initiative is forging ahead successfully.

According to media reports, Dr Arif Alvi has made these remarks while addressing the third China International Import Expo ceremony held at Shanghai through a special video message on Thursday. He said in the first phase it focused on energy and infrastructure sectors development while in the second phase development of social sector, agriculture and establishment of industry are at its core.

The President also appreciated the people of China who under the leadership of President Xi Jinping have successfully dealt with the Covid19 pandemic. He said the third phase trial of coronavirus vaccine is being conducted in Pakistan with Chinese collaboration and the vaccine will not only benefit Pakistan but the world at large.

It is pertinent to mention here that the third China International Import Expo in Shanghai brings together around 2,600 businesses from over 120 countries and regions and has already registered about four hundred thousand professional buyers.