{"id":79833,"date":"2021-09-21T17:31:06","date_gmt":"2021-09-21T12:31:06","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=79833"},"modified":"2021-09-21T17:31:06","modified_gmt":"2021-09-21T12:31:06","slug":"chinese-invest-usd-15-bn-petrochemical-sector","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/chinese-invest-usd-15-bn-petrochemical-sector.html","title":{"rendered":"Chinese firms to invest USD 15 bn in Pakistan\u2019s petrochemical sector"},"content":{"rendered":"\n<p>&nbsp;Islamabad: Federal Secretary Board of Investment (BOI) Fareena Mazhar on Saturday (September 18)&nbsp; said that Chinese companies will spend USD 15 billion in Pakistan&#8217;s energy industry, particularly petrochemicals, news sources reported. The majority of the investment will be in Gawadar, including a plan for an energy pipeline from Gwadar to China. Bilateral talks and parlays are already taking place in this respect, she revealed.&nbsp;<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/masterplan-gwadar-oil-city-to-be-ready-by-year-end.html\" target=\"_blank\" rel=\"noreferrer noopener\">Masterplan for oil city, Aramco\u2019s $10 bn refinery to be ready by year-end<\/a><\/p>\n\n\n\n<p>Secretary Fareeha further stated that the government would implement a new strategy for Small and Medium Enterprises (SMEs) to encourage business development and simplify foreign direct investment (FDI) in different sectors, which will support local manufacturing and job creation.&nbsp; Similarly, several Chinese businesses are already in discussions to invest in energy, tourism, and agricultural development. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/quaid-e-azam-business-park-gets-its-one-window-center.html\" target=\"_blank\" rel=\"noreferrer noopener\">Quaid-E-Azam Business Park gets its one window center<\/a><\/p>\n\n\n\n<p>The secretary also discussed the government&#8217;s &#8220;7th Reform Action Plan&#8221; and the Pakistan Regulatory Modernisation Initiatives (PRMI), both of which are part of the <a href=\"https:\/\/www.zameen.com\/news\/govt-focus-on-ease-of-doing-business-pm.html\" data-type=\"post\" data-id=\"79628\" target=\"_blank\" rel=\"noreferrer noopener\">government&#8217;s plan to enhance ease of doing business<\/a> and regularise the manufacturing industry.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;Islamabad: Federal Secretary Board of Investment (BOI) Fareena Mazhar on Saturday (September 18)&nbsp; said that Chinese companies will spend USD 15 billion in Pakistan&#8217;s energy industry, particularly petrochemicals, news sources reported. The majority of the investment will be in Gawadar, including a plan for an energy pipeline from Gwadar to China. Bilateral talks and parlays are already taking place in this respect, she revealed.&nbsp; Read: Masterplan for oil city, Aramco\u2019s $10 bn refinery to be ready by year-end Secretary Fareeha further stated that the government would implement a new strategy for Small and Medium Enterprises (SMEs) to encourage business development and simplify foreign direct investment (FDI) in different sectors, which will support local manufacturing and job creation.&nbsp; Similarly, several Chinese businesses are already in discussions to invest in energy, tourism, and agricultural development. Read: Quaid-E-Azam Business Park gets its one window center The secretary also discussed the government&#8217;s &#8220;7th Reform Action Plan&#8221; and the Pakistan Regulatory Modernisation Initiatives (PRMI), both of which are part of the government&#8217;s plan to enhance ease of doing business and regularise the manufacturing industry.&nbsp;<\/p>\n","protected":false},"author":84,"featured_media":64402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[48301,48300],"persona":[],"class_list":{"0":"post-79833","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-chinese-firms-to-invest-in-oil-industry","9":"tag-chinese-firms-to-invest-usd-15-bn-in-pakistans-petrochemical-sector","10":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chinese firms to invest USD 15 bn in petrochemical sector- Zameen News<\/title>\n<meta name=\"description\" content=\"Federal Secretary Board of Investment (BOI) Fareena Mazhar said that Chinese companies will spend USD 15 billion in Pakistan&#039;s petrochemical sector\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/chinese-invest-usd-15-bn-petrochemical-sector.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese firms to invest USD 15 bn in petrochemical sector- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Federal Secretary Board of Investment (BOI) Fareena Mazhar said that Chinese companies will spend USD 15 billion in Pakistan&#039;s petrochemical sector\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/chinese-invest-usd-15-bn-petrochemical-sector.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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