China to 'double' investment

Published December 20, 2004

LAHORE, Dec 19: China's private and public sectors would double their investment in Pakistan during the next couple of years, according to a federal minister.

Federal Science and Technology Minister Naurez Shakoor, who accompanied the prime minister during his visit to China, told reporters here on Sunday.

He said the government would set up industrial parks where the Chinese investors would be free to make investment and get a number of concessions. This, he said, was like a breakthrough.

The minister said the two countries would also exchange delegations of scientific experts and students. The minister, who is also provincial president of the PPP-Patriots, said President Musharraf would stay in uniform in the larger interest of the country. Musharraf's dual role, he said, would give the country stability.

Opinion

Editorial

More ‘austerity’
Updated 09 Sep, 2024

More ‘austerity’

Reducing the number of federal employees will not make much difference without wide-ranging reforms to cut perks of higher bureaucracy.
Plastic menace
09 Sep, 2024

Plastic menace

South Asian countries must put aside political hostilities and work together to tackle the shared environmental threat of plastic pollution.
Paralympics feat
09 Sep, 2024

Paralympics feat

Haider Ali must be celebrated and supported for he has, on his own, given Pakistan a spot on the medals table.
Security challenges
Updated 08 Sep, 2024

Security challenges

It has been clear for a while that local populations in areas currently most affected by terrorism and militancy still do not want grand operations.
Irsa law changes
08 Sep, 2024

Irsa law changes

THE proposed controversial changes to the Irsa law, which aim to restructure the water regulator, will significantly...
Gaza polio campaign
08 Sep, 2024

Gaza polio campaign

AFTER 11 months of savage Israeli violence, Gaza’s health and sanitation systems have collapsed. As a result, the...