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China-Pakistan Joint Venture Approved by PM Shehbaz To Transfer Industries To Pakistan

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The partnership between Chinese and Pakistani businesses to transfer Chinese industries to Pakistan has been approved by Prime Minister Muhammad Shehbaz Sharif.

Today, the Prime Minister of Pakistan presided over the crucial Investment Board meeting in Islamabad and declared that the government’s top objective is to encourage both foreign and domestic investment in Pakistan.

The government, he claimed, is doing all within its power to create an atmosphere that is conducive to commerce and investment.

Throughout his tour to China, the Prime Minister gave concerned officials instructions to provide a thorough report on the development of Memorandums of Understanding between Chinese and Pakistani businesses in Shenzhen.

Amidst the events that have transpired since his visit to China, he also directs officials to amend the one-stop shop statute for special economic zones.

Relocating China’s textile, leather, footwear, and other industries to Pakistan, according to Shehbaz Sharif, is quite likely.

At the meeting’s briefing, the Secretary of the Investment Board stated that action is being conducted to relocate Chinese industry to Pakistan.

He stated that the establishment of the Islamabad Business Facilitation Center and the draft ease of doing business act are being handled by Chinese experts, who will shortly be submitted to the Cabinet Committee on Legislative Affairs.

Senior government officials, including Prime Minister’s Coordinator Rana Ehsan Afzal, Federal Minister for Petroleum Dr. Mossadegh Malik, Federal Ministers for Finance and Revenue Muhammad Aurangzeb, Abdul Aleem Khan, Federal Minister for Commerce, and Prime Minister’s Coordinator.

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As of today, the F-8 Underpass is now open to traffic. Naqvi

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According to Interior Minister Mohsin Naqvi, traffic will begin to flow through the F-8 Exchange Underpass today.

During his inspection visit to the F-8 Exchange Interchange and Serena Interchange Projects in Islamabad, the minister made the statement.

According to him, the F-8 Exchange Chowk Interchange Project is still being worked on nonstop.

Serena Chowk Interchange will be opened in January, according to Mohsin Naqvi, and the construction will be finished in 60 days.

He said any kind of hindrance to the projects should be removed and projects be completed on time at all costs.

He said with the completion of the projects, citizens’ traffic woes will end.
The minister also ordered protection of trees during construction of projects.

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An event for medical training is being held at CMH Peshawar, and Major General Masood is distributing awards.

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Romina Khurshid Alam, the Coordinator of the Prime Minister’s Office, underlined the significance of gender-inclusive climate resilience during her presentation on climate change. This was done in light of the fact that Pakistan is seeing a worsening of the consequences of climate change.

When Alam was having a conversation with a group of people from the Green Tech Hub at NUST and UN-Women, he brought up the idea that women who live in rural regions are particularly vulnerable, but that they are also quite important in the process of creating solutions that are sustainable.

It was discussed by the delegation that the Green Tech Hub, which was formed in October at NUST, should be enlarged in order to foster innovation in the disciplines of climate adaptation and renewable energy. This was done in order to encourage innovation in these domains. For the purpose of bolstering the initiative, Romina Alam has committed to give assistance in the search of collecting funds and collaborations.

The necessity of providing women with the knowledge and tools necessary to create resilience was emphasized by Romina Alam, who also called for climate strategies that are inclusive and take into account the specific issues that women face and the potential that they have to take on leadership roles.

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Climate-related challenges are growing in Pakistan, and the prime minister’s climate aide is advocating for gender-inclusive climate resilience.

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During her presentation on climate change, Prime Minister’s Coordinator Romina Khurshid Alam emphasized the importance of gender-inclusive climate resilience in light of the fact that Pakistan is experiencing a worsening of the effects of climate change.

Alam brought up the fact that women living in rural areas are especially vulnerable, but they are also vital to finding sustainable solutions during a discussion with a team from the Green Tech Hub at NUST and UN-Women.

It was discussed by the delegation that the Green Tech Hub, which was established in October at NUST, should be expanded in order to encourage innovation in the fields of climate adaptation and renewable energy. In order to bolster the project, Romina Alam has committed to providing help in the pursuit of acquiring financing and collaborations.

The necessity of providing women with the knowledge and tools necessary to create resilience was emphasized by Romina Alam, who also called for climate strategies that are inclusive and take into account the specific issues that women face and the potential that they have to take on leadership roles.

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