Chinese company invests $2 million in chemical sector of Pakistan  

Islamabad: A Chinese company Guangzhou Rongshen Trading Company has announced plans to make an investment worth $2 million in Pakistan’s chemical sector. In regards to incentives offered by the Pakistani government, the Chinese companies are eager to explore new avenues for investment.

A memorandum of understanding (MoU) has been signed between Ivan Jiang, Chairman for Guangzhou Rongshen Trading Company and Faisalabad Industrial Estate Development and Management Company (FIEDMC) Chairman Mian Kashif Ashfaq.

Ivan Jiang has said that Pakistan has played an important role in making their country investment friendly. Pakistan’s economy is advancing and so massive opportunities for business exist for Chinese companies.

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