President of JAC Company Visits PBIT to Discuss Investment Opportunities

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The Punjab Board of Investment and Trade (PBIT) welcomed a delegation comprising of eminent Chinese businessmen including the President of JAC Company in Pakistan in order to discuss ways to enhance foreign direct investment in Pakistan.  JAC Company is a major Chinese state-owned automobile company.  It has an annual production capacity of 700,000 and is one of the ten largest automobile companies in China.  The Chinese delegation included Mr. Chen Zhiqiang, President of JAC Company, and Mr. Chen Jinpeng, General Manager of Yangzhou Hongyun Automobile Co.  During the meeting, Ms. Amena Cheema, CEO PBIT discussed the plethora of investment opportunities that exist in Punjab thanks to the leadership and vision of the Chief Minister.  President of JAC expressed his desire to establish trade ties in Punjab and promote collaboration between China and Pakistan.  Both parties are keen to strengthen the enduring bond between the two countries in a mutually beneficial manner.