China Asia Economic Development Association (CAEDA) will make an investment of 13 billion dollars in free trade zone of Pakistan in the next five years. The initial layout of this investment is between 8 to 13 billion dollars while it is expected to reach 30 billion dollars. The free trade zone is aimed at catering Pakistan's domestic needs and also those of global market. A duty-free shopping mall is also part of this zone where international goods will be available for Pakistani citizens. The China Asia Economic Development Association has also sent 20 fishing boats to Pakistan with an investment of 500 million dollars. Supported by Special Investment Facilitation Council, a delegation of the Association discussed agreements with Ministries of Energy and Health regarding refined petroleum products, solar power grid connection and investments in pharmaceuticals. Source: Radio Pakistan
Recent News
Pakistan’s Car Sales Soar 80% as Demand Outpaces Factory Output
October 27, 2026
Pakistan and FAO Discuss Climate-Smart Farming and Food Security
October 27, 2026
Pakistan’s Imports From America Jump 55% While Exports Barely Grow
October 27, 2026
Northern Cement Exports Halt as Southern Mills Drive Growth
October 27, 2026
Pakistan’s Mobile Phone Imports Fall 3.56% to $140.4m in July
October 27, 2026