Chinese companies are planning to invest $2.6 billion in Balochistan’s manufacturing sector and $14 million in the province’s mineral industry, a move expected to boost industrial activity and create employment opportunities in the region.
A Chinese delegation of investors, accompanied by former Balochistan finance minister Amjad Rasheed, met Senate Deputy Chairman Syedal Khan at his office on Tuesday to discuss the investment plan and explore opportunities in the province.
During the meeting, the delegation informed the deputy chairman that Chinese investors are keen to invest in minerals, agriculture, transport, tourism and other sectors over the next five years.
The Chinese team included Zhang Yang, Chairman of Chang Jiang Industries (SMC-Private) Limited.
Both sides discussed potential investment avenues in Balochistan and ways to strengthen Pakistan-China economic cooperation.
Welcoming the delegation, Syedal Khan said Balochistan offers immense potential for investment in mining, agriculture, tourism, energy and other sectors, adding that foreign investment can significantly contribute to the province’s economic development.
Chinese Aerospace Group Eyes Up to $10 Billion Investment
Separately, a Chinese conglomerate with an AAA credit rating has expressed interest in investing between $5 billion and $10 billion in Pakistan across sectors including mining, advanced technology and industrial development.
A delegation from Aerospace Development Industry Investment Group Co., led by Party Secretary and Chairman Lu Jinhai, recently met Federal Minister for Board of Investment Qaiser Ahmed Sheikh to discuss potential collaboration.
The delegation briefed the minister on the company’s global portfolio spanning aerospace development, artificial intelligence, electric vehicles, drone technologies and energy projects.
Chinese representatives also expressed interest in skill development initiatives in Pakistan, emphasising their long-term vision of contributing to the country’s economic growth and technological advancement.
They further highlighted their willingness to support the One Belt One Road (OBOR) initiative and strengthen regional connectivity and economic cooperation.
Minister Qaiser Ahmed Sheikh told the delegation that Pakistan offers significant investment opportunities due to its strategic location connecting South Asia, Central Asia and the Middle East, along with a consumer market of over 240 million people and a young workforce.
He added that the government is providing attractive incentives for foreign investors and welcomes Chinese investment in key sectors to promote industrial development and economic growth.
