Lahore, October 09, 2019 (PPI-OT): China is keen to invest in Food processing area besides joint ventures in clothing, dyeing and embroidery sectors. This was stated by Mr. Zarak Khan, President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) while addressing the first think tank meeting of PCJCCI. The meeting was also attended by Mr. Moazzam Ghurki, Senior Vice President and Mr. Salahuddin Hanif along with a number of executive committee members of PCJCCI. Mr. Zarak Khan said that the potential market of Pakistani food and clothing with Chinese assistance will enhance competitiveness and will add value to the existing standards of production.
He further added that, the joint venture of both countries would prove to be momentous in increasing mutual conviction, cooperation, and Regional Connectivity between China and Pakistan. He mentioned that Punjab ranked in the world top 10 in terms of food production but due to lack of technology and post-harvest losses, it is unable to expand its exports base of food items. He said that the transformation of food processing technology from China to Pakistan would bring a remarkable shift in expanding export base by reducing cost and introducing state of the art features.
Mr. Moazzam Ghurki, Senior Vice President PCJCCI expressed that, there are vast prospects in developing some important areas that are currently functioning at small scale with diminutive expertise and technology. Such areas include, fruit processing, spices, marine foods, clothing, wood working, re modified vehicles, automotive spare parts, power tools, medical equipment and condiments.
Mr. Salahuddin Hanif, Secretary General PCJCCI said that, PCJCCI will arrange visits of Chinese delegations in different food processing units including relating to herbal health products, food and horticulture processing. He affirmed that Chinese people had keen interest in food and herbal products of Pakistan. We will send sample of these products for the purpose to market them in China. There is enormous scope for joint ventures in amalgamated Chinese eastern medicine system with Pakistani expertise. The think tank also discussed the new prospects for establishing processing units for fresh foods including vegetable preservation, dehydration, and life enduring plants of fruits and vegetables.
For more information, contact:
Pakistan China Joint Chamber of Commerce and Industry (PCJCCI)
Mega Tower, 309 – 6th Floor,
Main Boulevard, Gulberg II,
Lahore, Punjab – Pakistan
Tel: +92-42-35777460-02, +92-42-37032203, +92-42-35874353
Category: General Business News