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Chinese Companies keen to invest in Oil & Gas sector of Pakistan
A delegation from China Petroleum Pipeline Engineering Co. Ltd. (CPP) and China Zhenhua Import and Export Co. Ltd. called on Ambassador Moin ul Haque at the Embassy of Pakistan today.
Led by Mr. Qi Huang, General Manager of CPP, and comprising senior executives from China Zhenhua, the delegation discussed their plan to invest in the development of oil & gas sector of Pakistan. Mr. Huang briefed the Ambassador about the profile of CPP - a subsidiary of the state-owned China National Petroleum Corporation (CNPC) - as well as mega projects successfully completed by the company in other countries and regions.
Ambassador Moin ul Haque welcomed the interest of Chinese companies for investment in the oil and gas sector of Pakistan. He briefed them about the huge potential for foreign investment in oil & gas sector and attractive investment policies of Pakistani government.
The Ambassador remarked that Chinese companies were playing a major role in the development of various sectors of our economy and Pakistan would continue extending them full support and facilitation.
Ms. Duan Xiaoyu, newly appointed Honorary Investment Counsellor of Pakistan was also present at this occasion. Other potential areas of foreign investment also came under discussion during the meeting.
07 October 2021