Islamabad: Chinese companies are planning to invest approximately USD 2 billion in the mineral and manufacturing sectors of Balochistan, aiming to boost industrial activity and create employment opportunities for the local population.
The investment plans were discussed during a meeting on Tuesday between a Chinese delegation and Syedal Khan, accompanied by former Balochistan finance minister Amjad Rasheed.
The delegation, which included Zhang Yang, briefed officials on their interest in investing in minerals, manufacturing, agriculture, transport, tourism, and other sectors over the next five years.
During the meeting, both sides explored opportunities to enhance Pakistan-China economic cooperation and discussed potential projects across Balochistan’s key industries.
Welcoming the Chinese investors, Syedal Khan highlighted the province’s immense potential in mining, agriculture, tourism, and energy sectors, encouraging foreign investment to support Balochistan’s economic growth and development.
Officials noted that the proposed investment is expected to significantly strengthen industrial infrastructure and generate substantial employment for local communities.
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