Minister: (Ahsan Iqbal stresses for Pak-China joint ventures)

ISLAMABAD: Minister for Planning and Development, Ahsan Iqbal on Thursday said that Pakistan and China can work on joint ventures in industrial sector to produce competitive products for global markets.

He said this at a meeting of delegation from Shaanxi province of China with Pakistani officials and people from industrial sector here. He said Pakistan is the most attractive destination for industrialization because of low labour Cost.

Ahsan Iqbal pointed out that 1st phase of China Pakistan Economic Corridor is related to Chinese investment in energy, infrastructure and Gwadar. He said the real potential of this mega project is related to Chinese investment in industrial sector of Pakistan, on which both countries are working speedily.

Earlier, addressing the 11th convocation of the University of Management and Technology in Lahore Ahsan Iqbal said the national economy is growing speedily due to prudent economic policies of the PML (N). He stressed upon the youth to launch collective efforts for the progress and prosperity of the country.