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China Mobile to further invest $ 800 mln in Pakistan
Updated:2008/6/20 10:52
Tags:China Mobile
China Mobile, the world largest telecommunication organization will make further investment amounting to $ 800 million in Pakistan. This was stated by President of China Mobile Wang Gian Zhuo during a meeting with Foreign Secretary Salman Bashir here on Thursday. China Mobile has already made an investment of $ 800 million in Pakistan. Wang said that besides making further $ 800 million investment, he would also pursue many internationally acclaimed telecommunication organizations like Sony-Erricson to take part in the development of telecommunication in Pakistan. He said the Pakistan has great deal of opportunities for Foreign Investors as it offers equal level playing fields for both foreign and domestic investors. The President of China Mobile said that he had recently held very fruitful meeting with the Pakistani leadership and was impressed about the incentive Pakistan is offering for the Foreign Investors, particularly for Chinese Investors. Wang also informed Foreign Secretary that China Mobile will also contribute in the socio-economic uplift of the people of Pakistan. In this connection, he pointed out that his organization will provide free text books to the young students so that they could carry out their studies in a smooth way. The Foreign Secretary on the occasion thanked Wang Gian Zhou for his complements and said that his country would provide all possible assistance to the Chinese investors in Pakistan.
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