Chinese SMEs visit Islamabad Chamber of Commerce and Industry to explore business collaborations

Islamabad, May 29, 2015 (PPI-OT): Chinese entrepreneurs of SME sector have shown interest to establish business collaborations with Pakistani counterparts. Mr. Liu Zhigen, Vice Governor, Guangdong Province of People’s Republic of China visited Islamabad Chamber of Commerce and Industry leading a delegation of Chinese SMEs to explore business matchmakings. SMEs were representing various sectors including economic, information technology and communications.

Addressing the local business community, Mr. Liu Zhigen, Vice Governor said that Guangdong Province was home to a lot of industries with matching facilities. He said Guangdong Province was going to host 12th China International SME Fair (CISMEF) in October 2015 with the aim of boosting the cooperation and development of SMEs in China and other countries. He said it was an ideal platform for Pakistani SMEs to attend the Fair and explore opportunities of business matchmakings with Chinese and other countries SMEs.

Mr. Liu Zhigen said Pakistani and Chinese businessmen should strengthen liaison in areas of mutual interest to promote bilateral trade and economic relations between the two countries. This way, they could also compete more effectively in the international market.

He said entrepreneurs of both countries should share expertise, experiences and resources for mutual benefits. He said maximum number of Pakistani SMEs should visit China to attend 12th China International SMEs Fair and find out opportunities of business expansion and joint ventures. He also invited a delegation of ICCI to attend the said fair.

In his welcome address, Muzzamil Hussain Sabri, President, Islamabad Chamber of Commerce and Industry highlighted the investment potential in various sectors of Pakistan’s economy. He said that economy of Pakistan was in a recovery mode and time was ripe for Chinese investors to enhance investment in Pakistan, especially in energy, information technology, infrastructure development and exploration of natural resources. He said Pakistan offered affordable cost of doing business to Chinese investors and they should set up manufacturing plants with technology transfer in Pakistan.

He said that China-Pakistan Economic Corridor offered tremendous prospects for businessmen of both countries and hoped that will be an excellent platform for joint investment and business partnerships between the two countries. He assured that ICCI would try to take a delegation of SMEs to the CISMEF.

Muhammad Shakeel Munir, Senior Vice President, ICCI thanked the Chinese delegation for visiting ICCI and hoped that their interaction with Pakistani counterparts would play role for further strengthening connectivity between private sectors of both countries. Question and answer session was also held at the occasion and Head of Chinese delegation gave detailed answers to various queries of businessmen.

For more information, contact:
Khalid Chaudhry
Islamabad Chamber of Commerce and Industry (ICCI)
Chamber House, Aiwan-e-Sanat-o-Tijarat Road,
Mauve Area, G-8/1,
Islamabad, Pakistan
Tel: +9251 225 0526, 2253145, 8432676
Fax: +9251 225 2950