Pakistan and Chinese companies and institutions have signed memoranda of understanding (MoUs) worth more than $20 billion, with several investment commitments moving toward formal agreements and commercial implementation, Pakistan’s Ambassador to China Khalil Hashmi informed Finance Minister Muhammad Aurangzeb on Wednesday.
During a meeting with the finance minister, the ambassador briefed officials on investment facilitation efforts being carried out by Pakistan’s Embassy in Beijing. He said a dedicated monitoring mechanism has been established to track progress on investment commitments and ensure effective coordination between stakeholders.
Khalil Hashmi said more than 150 Chinese companies are currently being engaged through the embassy’s investment platform, with growing interest from Chinese investors in sectors including manufacturing, logistics, pharmaceuticals, biotechnology, textiles, and industrial services.
The meeting was informed that nine agreements have recently been finalized in the pharmaceutical and biotechnology sectors, while progress on industrial manufacturing, logistics infrastructure, and export-oriented textile projects was also reviewed.
Officials discussed measures to further strengthen business-to-business (B2B) cooperation, particularly for small and medium-sized enterprises (SMEs), by connecting Pakistani businesses with established Chinese industrial platforms.
The finance minister and ambassador also reviewed steps to improve investor facilitation, enhance coordination between Pakistani and Chinese companies, and create a more supportive environment for foreign investment.
The ambassador further highlighted efforts to align Pakistan’s technical and vocational training programmes with upcoming Chinese investments to develop a skilled workforce capable of supporting new industries.
The latest investment commitments reflect continued economic cooperation between Pakistan and China, with both countries focusing on industrial growth, trade expansion, and private-sector partnerships.
