SEZs to attract investments from China, world: Alvi

Islamabad: President Dr Arif Alvi has said Special Economic Zones being established in Pakistan will attract investments from China and rest of the world.

Addressing the third China International Import Expo ceremony held at Shanghai through a special video message, he said China Pakistan Economic Corridor, a flagship project of Belt & Road Initiative is forging ahead successfully.

He said in the first phase it focused on energy and infrastructure sectors development while in the second phase development of social sector, agriculture and establishment of industry are at its core.

Dr Arif Alvi appreciated Chinese people who under the leadership of President Xi Jinping have successfully dealt with the Covid-9 pandemic.

President said the third phase trial of Covid-19 vaccine is being conducted in Pakistan with Chinese collaboration and the vaccine will not only benefit Pakistan but the world at large.

The third China International Import Expo in Shanghai brings together around 2,600 businesses from over 120 countries and regions and has already registered about four hundred thousand professional buyers.