Chinese investors show interest in KP’s agriculture sector
Chinese delegation in a meeting with KP-BOIT officials in Peshawar. [Photo by @investinKP]
PESHAWAR, Nov. 30 (Gwadar Pro) - A delegation of Chinese investors visited the northwestern province of Khyber Pakhtunkhwa (KP) on Monday to explore investment opportunities in the field of livestock and agriculture.
The delegation of Chinese investors visited Khyber Pakhtunkhwa Board of Investment and Trade (KP-BOIT) in Peshawar. CEO KP-BOIT Hassan Daud Butt briefed the visiting Chinese investors on the available potential in the agriculture sector in the province, known as the land of growing opportunities’.
According to an official statement, the investors showed keen interest in enhancing the yield of rice through introducing seed certifications. Livestock was another area of interest for the Chinese investors.
“Establishment of vaccination centers for Foot and Mouth Disease free zones were also discussed during the meeting,” according to KP-BOIT’s statement, adding that Mr. Butt assured the delegation of all possible facilitation offered to the investors in the province.
In October, a team of China’s Zhong Tai Chemical Industry (Private) Limited during its visit to Peshawar had expressed interest in investing in the energy, infrastructure and mining sectors in KP.
The northeastern province of KP has great potential for local and foreign investors. Apart from Rashakai Special Economic Zone under the framework of China Pakistan Economic Corridor (CPEC), Mohmand Marble City, with the status of SEZ, is one of the proposed projects under CPEC. Besides, Chinese companies are executing several hydel power projects in the province.