China is set to invest up to $10 billion in Pakistan through new agreements, including $1.5 billion in joint ventures and $9 billion in MoUs across agriculture, automotive, and mineral sectors, Pakistan’s Federal Minister for Investment Qaiser Ahmed Sheikh announced.
The deals highlight growing global confidence in Pakistan’s investment climate. A recent trade delegation of 300 Pakistani business leaders visited China to attract further investment.
Plans also include connecting the Reko Diq mining project to Karachi via a new railway and highway, boosting trade and economic development.
Agriculture and mining are expected to receive the largest share of foreign investment.
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