Saturday, November 23, 2024

Chinese Firm Eyes Increased Investment in Pakistan’s Minerals

MCC Tongsin Resources, a Chinese company, has shown keen interest in boosting its investment in Pakistan’s mineral and mining sector. The Chairman of MCC Tongsin Resources, Wang Jicheng, conveyed this during a meeting with Prime Minister Shehbaz Sharif in Islamabad.

During the meeting, the company provided a comprehensive overview of its plans for constructing a mineral park in Pakistan and shared details of its future investment intentions.

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Prime Minister Shehbaz Sharif warmly welcomed the Chinese company’s interest, affirming the government’s commitment to prioritizing efforts to attract foreign investment into the country.

Inviting MCC Tongsin Resources to explore investment opportunities across Pakistan’s mineral sector, from mining to the production of exportable goods, the Prime Minister assured full facilitation for mineral extraction, processing, and export to bolster the nation’s exports.

Sharif instructed relevant federal ministers and officials to engage in discussions with the Chinese company, stressing the importance of involving the Chief Minister of Balochistan and relevant provincial departments and stakeholders in the consultation process.

Highlighting the enduring friendship between China and Pakistan, Sharif expressed gratitude to the Chinese leadership and people for their support during challenging times.

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Zubair Yaqoob
Zubair Yaqoob
Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories.Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting.Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.

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