ISLAMABAD: Prime Minister Shehbaz Sharif has extended an invitation to the Chinese firm MCC Tongsin Resources to invest in Pakistan’s mining sector, affirming full support and facilitation from the government.
The mining and mineral industries have been given top priority by the Special Investment Facilitation Council, with significant progress already made in this area.
MCC Tongsin Resources, a subsidiary of the renowned Metallurgical Group Corporation, a global leader in metallurgical construction, has shown a keen interest in bolstering its investments in Pakistan’s mining and minerals sectors. During their discussions with the Prime Minister, the Chinese company outlined its investment plans for Pakistan’s mining sector.
The visit of MCC Tongsin Resources underscores the strengthening of ties between China and Pakistan, with assurances from the Pakistani government regarding the security of Chinese nationals involved in various development projects.
China’s investment in Pakistan, particularly through the China-Pakistan Economic Corridor, has surpassed sixty-five billion dollars, primarily focusing on energy and infrastructure projects.