Chinese firms to invest $15 billion in Pakistan’s petrochemical sector


Source: timesofnews.com timesofnews.com

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Chinese firms will cumulatively invest $15 billion in Pakistan’s petrochemical sector, Board of Investment secretary Fareena Mazhar told participants of the 7th Reform Action Plan. Mazhar said talks were underway to expedite business deals in this regard. Highlighting the government’s intention to promote small and medium-scale enterprises in the country, she said that it was necessary to attract investment and create employment opportunities. The government, she said, would introduce a new policy for promoting Small and Medium Enterprises (SMEs) besides initiating regulatory reforms for improving business regulations. Addressing the meeting. Fareena Mazhar said that the 7th Reform Action Plan mainly...