China Intends To Invest More In CPEC

Asim Saleem Bajwa is delighted to express his view to the news reporter that china intends to invest more in CPEC. He said these words the previous day to a news channel that would straighten the bond of friendship between the two.

China had invested $13 billion already in various projects in CPEC. China had already invested $12 billion into the pipeline. Sources said that Asim Saleem Bajwa is happy with these connections that china is the only county with more investment in CPEC. He talked to the media when he was on a visit to the Challenge Textile Factory.

New Projects in CPEC

Asim Saleem Bajwa said that China is investing in new projects in CPEC. This would bring foreign investments to the country, and it would develop the province, and it would play a significant role in the growth of the economy. New Projects in CPEC are: china materialized the Challenge Textile Factory with the investment of $150 million, Naukundi-Mashkhel-Panjgur Road Project connecting with M-8 & N-85, Chitral CPEC link road from Gilgit, Shandor, Chitral to Chakdara, Mirpur – Muzaffarabad – Mansehra Road Construction for connectivity with CPEC route.

He further added that China intends to invest more in constructing in forming a factory of international standard and also they would set up the Fashion Export Park in Pakistan, which would produce more opportunities of employment to the thousands of people in the country. The new projects in CPEC will also catch the eye of investors.

Asim Saleem also talked about the visa issuance of the Chinese delegations, and he said that their visa’s duration would be extended from 3 months to 2 years. This extension in visa duration will make them stay for a long duration in Pakistan. Bajwa said that the announcement regarding visa extension would be made in the following months.