Chinese Investment In CPEC To Attract More 150 Bln Dollar Investment: FCCI President

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Faisalabad Chamber of Commerce and Industry (FCCI) President Engineer Muhammad Saeed Sheikh on Monday said that 51 billion dollar Chinese investment under China Pakistan Economic Corridor (CPEC) would attract another 150 billion dollar investment from other countries.

“We must prepare ourselves at the government as well as at the business community level to fully exploit these emerging opportunities,” he added.

Addressing a press conference in FCCI here, he said that textile was the mainstay of national economy, adding that out of 13 billion dollar total textile exports, the share of Faisalabad was 55 percent.

He demanded the government to provide a level playing field to Pakistani exporters to compete with their rival countries in the international markets.

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