Hong Kong to invest Rs 30 billion in Pakistan

ISLAMABAD, Oct 15: Hong Kong based port operator company Hutchison Port Holdings announced investment of $240 million in Pakistan.

The announcement of investment was made by the company’s Managing Director Mr. Ericapprised in a meeting with Prime Minister  Imran Khan.

The fresh investment of $230 million will increase group’s total investment to one billion dollars in Pakistan.

The Prime Minister was briefed that this investment will also grow Hutchison employees to 3,000 people.

Premier was told about the development of Hutchison Port Holdings, its parent company CK Hutchison Holdings, and the group’s commitment to play a main and basic role in facilitating the economic and financial growth of Pakistan.

It will also encourage development of Karachi Port into a major hub for trade in South Asia.

During the meeting, Prime Minister Khan welcoming the foreign investment in the country, reiterated his government commitment to facilitate investment and investors and ease-of-doing-business for economic growth, employment generation and poverty eradication.

Federal Minister for Maritime Affairs, Ali Zaidi, PM’s Adviser on Commerce, Razak Dawood, Zulfi Bukhari and Ali Jehangir Siddiqui were present during the meeting.

Stay tuned to Baaghi TV for more updates.

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