LAHORE : One of the largest Chinese manufacturers of fragrance
and perfume Guangzhou Rongshen Trading Company Monday ,following the
attractive package of incentive offered by the Prime Minister Imran Khan
announced to invest US $ 2 million in chemical sectors to further explore
direct foreign investment avenues in Pakistan.
Ivan Jiang Chairman Guangzhou Rongshen Trading Company signed memorandum
of understanding with Mian Kashif Ashfaq Chairman Faisalabad Industrial
Estate Development and Management Company (FIEDMC).
Ivan Jiang talking to media after signing MOUs said legal framework in
Pakistan is sound and comprehensive. Pakistan government had already played
good role to provide business good environment and security to Chinese
companies. Chief Operating Officer, FIEDMC Aamir Saleemi was also present .
He said they are an international chemicals supplier and his company
intends to explore business and investment opportunities in Pakistan which
has become an important investment destination for the Chinese businessmen
and entrepreneurs after the launch of China Pakistan Economic Corridor
(CPEC).
Expressing confidence into the current economic situation in Pakistan, he
said Pakistan’s economy was now gearing up and there were more business and
investment opportunities for the Chinese companies.
