China invited to invest in the IT sector of Pakistan – Research Snipers

China invited to invest in the IT sector of Pakistan


China has been invited by Pakistan formally to invest in the country’s digital businesses. The digital business will include mobile phone handsets and other digital equipment manufacturing.

On Tuesday, the Chinese Ambassador to Pakistan Yao Jing called on Federal Minister for Information Technology and Telecommunication Dr. Khalid Maqbool.

It was stated by the Secretary Ministry of IT and Telecommunication Shoaib Ahmad Siddiqui that the meeting was held in a pleasant environment. Pakistan tabled proposals to invest in the IT industry. It is the 7th pillar of the multi-billion dollar China Pakistan Economic Corridor (CPEC).

Must read: Pakistan to Construct Mega Strategic Reserves Under the CPEC Project

He said, “Yes we sought China’s support in setting manufacturing plants for digital purposes including mobile handsets and would wait for their positive response.”

IT Ministry released an official statement as per which the Chinese ambassador was welcomed in his office by the federal minister for IT and telecommunication. The matters of mutual interests were discussed relating to information technology and e-commerce.

According to the federal minister, Pakistan and China have friendly relations and in the future, these ties will be enhanced. He stressed that there is a need to boost cooperation between Pakistan and China in the IT and telecom industries.

Also Read: Pakistan Responds to US Criticism Against Pak-China CPEC

According to the Minister, Pakistan wishes to benefit from the Chinese experience in the IT industry. Pakistan has taken Chinese help in training the youth in IT skills. Along with this, the youth exchange program will also be started between the two countries.

He said that the Pakistan environment is favorable for the Chinese companies to invest in the IT and telecom industries. The role of the ministry was lauded by the Chinese ambassador regarding the IT promotion in Pakistan. He promised to collaborate with Pakistan in the IT sector.

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