Special Investment Facilitation Council (SIFC) Secretary Jamil Ahmed Qureshi shared significant updates about upcoming investments and initiatives in Pakistan.
In an exclusive interview with Samaa TV, Qureshi says a high-level Saudi delegation comprising representatives of 200 companies is set to visit Pakistan in February 2025. This delegation is expected to explore investment opportunities in key sectors, including agriculture, minerals, energy, and leather.
He expressed optimism about Saudi Arabia’s growing interest in Pakistan, with further progress anticipated in bilateral economic collaboration.
He also revealed that Chinese companies will start exporting products from Pakistan to the United States and Europe by 2025. The SIFC has established a one-stop shop to facilitate Chinese firms, offering access to special economic zones (SEZs) and export processing zones, he added.
The secretary added that business-to-business investments from Chinese companies in various sectors, including textiles, are on the rise. With favourable policies and strategic initiatives under the China-Pakistan Economic Corridor (CPEC), many Chinese companies are setting up operations in Pakistan, with investment expected in 2025.
Qureshi stated that a detailed presentation on CPEC Phase II would be given to the prime minister this week. Discussions regarding the Main Line-1 (ML-1) railway project are also ongoing, with good news expected in the coming months.
Qureshi said the US sanctions on China have created new opportunities for Pakistan. The country is emerging as a viable alternative for Chinese companies seeking export-friendly locations.
The secretary emphasized that Pakistan is attracting significant interest from international investors. By 2025, the country is poised to become a regional hub for exports, leveraging its strategic location and infrastructure advancements under CPEC.