Chinese Firm Eyes Major Investments in Pakistan’s Mining Sector

Chinese Firm Eyes Major Investments in Pakistan's Mining Sector

The Mining and Mineral sectors have been on the priority list of Special Investment Facilitation Council and a significant headway has also been achieved in this sector.

The Chinese firm MCC Tongsin Resources is a research and investment company and a part of Metallurgical Group Corporation, which has been enlisted among the major Metallurgical Construction Contractors of the world.

The Chinese company expressed keen interest in enhancing its investment in Pakistan’s mining and minerals sectors and also briefed the Prime Minister about its plans for investment in the Mining sector of Pakistan.

The visit of the Chinese company to Pakistan is aimed at cementing ties between China and Pakistan and to assure that Pakistan would ensure the security of Chinese nationals, working on different development projects.

China has so far made investments of more than sixty-five billion dollars in energy and infrastructure projects in Pakistan under the China-Pakistan Economic Corridor.