Chinese company will invest $150m in Pakistan: Salik
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A Chinese company, Sinovac Tech, has expressed its interest to invest $150 million in Pakistan’s pharmaceutical sector, reported 24NewsHD TV channel.
Federal Minister for Board of Investment and Special Initiatives Chaudhry Salik Hussain disclosed this after hosting a Chinese delegation that called on the minister on Wednesday.
The delegation led by Yang Jiandou, Chairman of All Pakistan Chinese Enterprise Association (APCEA) and BD Sinovac Biotech Chiang Sun held a fruitful discussion with Chaudhry Salik Hussain.
The Chinese firm Sinovac Tech, a leading manufacturer vaccine manufacturer expressed its intention to invest $150 million in Pakistan.
The federal minister assured the Chinese delegation of full cooperation.