BEIJING, China: Another 26 Memorandums of Understanding (MoUs) were signed between the Khyber Pakhtunkhwa government and the Chinese Companies on final day of the two-day ‘KPK Economic Cooperation Road Show’ in Beijing on Tuesday.
The senior provincial government officials and representatives of the Chinese Companies agreed to extend cooperation in infrastructure, power, industry, information technology, transport, education urban development, agriculture and livestock and tourism sector.
The Chief Minister Khyber Pakhtunkhwa Pervez Khattak, Senator Shibli Faraz and provincial ministers witnessed the signing ceremony.
The Chief Minister also held separate meetings with heads and representatives of various Chinese companies including Huawei, CNEC, CEIC, CRFG, CRBC, Sinohydro, CCK Energy Ltd, China Railway Group Ltd, Sichuan Engineering and CEEC on sideline of the road show.
During the meetings, the Chief Minister thanked the Chinese entrepreneurs for taking keen interest in the development of the province and extending cooperation for the mutual benefits.
The Chief Minister Khyber Pakhtunkhwa informed them that the Khyber Pakhtunkhwa government has introduced investment-friendly policies to facilitate the businessmen and traders for investment and setting up businesses.
Pervez Khattak said that a special security force comprising 4,500 well equipped and trained personnel has been raised to ensure safe and secure atmosphere to foreign investors particularly the Chinese businessmen.
The KPK Chief Minister expressed the confidence that with the Chinese investment and support, a new era of development would start in the province.
A delegation comprising both public and private sectors from the KPK and representatives from around 400 Chinese companies participated in the event.
