Global Rice News

Chinese investors have the opportunity to earn lucrative returns on their investments in Pakistan, according to Karim Aziz Malik, Chairman of FPCCI Capital Office. During a meeting with a Chinese delegation, led by Mr. Zhang Yang, Director of Chongjiang Federation of Investment and Commerce & Chairman of Chang Jiang Management Company, Malik assured them that FPCCI would connect them with the right partners in Pakistan for joint ventures.

Malik highlighted that Pakistan offers attractive incentives and liberal policies for investment in all sectors of the economy, both for foreign and local investors. These incentives are available in special schemes, as well as traditional and non-traditional sectors, providing great opportunities for the business community to maximize their profits.

Pakistan’s top exportable items include textile made-ups, cotton, knitted and non-knitted apparel, rice, pink salt, plastic articles, leather articles, automobiles, mining, and gemstones. While most of Pakistan’s textile products are exported to Europe and America, the industry is looking to boost exports to China. Pakistan is also the 10th largest producer of rice globally, with exports accounting for more than 8% of the world’s total rice trade. Notably, Pakistan’s export of broken rice to China has seen significant growth.

Pakistan is the world’s sole producer of pink salt, which has a global market worth approximately $12 billion. Malik invited Chinese investors to explore the emerging and fast-growing sector of pink salt for investment and joint ventures. Moreover, the cherry season is about to begin in Gilgit Baltistan, and Chinese delegations have shown keen interest in importing cherries from Pakistan.

Ashfaq Ahmed, Vice President of FPCCI, emphasized the importance of interaction between businesspeople, expanding trade, and creating joint venture investments between both nations. He stated that the future collaboration between Pakistan and China would heavily depend on the active participation of their private sector enterprises. Governments on both sides should facilitate private sector collaboration to promote bilateral trade and investment.

Malik Sohail Hussain, Chairman of Coordination FPCCI Capital Office, further briefed the participants about business opportunities and investment potential in various sectors of Pakistan’s economy.

Source: [Daily Times](https://dailytimes.com.pk)