Germany Shows Interest in CPEC
FRANKFURT: The sturdy tenacity of the Pakistani and Chinese headship for the implementation of the China-Pakistan Economic Corridor (CPEC) program is also igniting new interests among other nations to make additional investment openings available in Pakistan.
German corporations are now showing interest in bucketing investments into various CPEC initiatives and in Pakistan’s specified economic territories.
The Munich Chamber of Commerce has inquired for the listing of Pakistani corporations so that collaboration with them could be amplified and the openings for investments in cooperative ventures can be discovered.
Nadeem Ahmed, Pakistan’s Consul General confirmed that German establishments and private corporations were curious about joining the CPEC project.
Nadeem said the Pakistani embassy was busy spreading awareness about investment openings, especially the economic and social advantages of CPEC among the private sector and investors.
Ahmed said the Chinese investments would play a significant role in stabilizing Pakistan’s economic growth.
Read More: Increase in CPEC Investment
On the other hand, Chinese have also expressed their tenacity to complete the CPEC plan at all cost and have emphasized upon German corporations to join forces with Pakistan in current projects in the power, infrastructure and technology sectors.
According to Ahmed, the reaction from Chinese ambassadorial sources has increased German concern in CPEC projects.
In reply to a query regarding the tension with India and Pak-German ties, Ahmed assured that Pakistan was sustaining a noble status in the international community regardless of the constant negative propagations by India.
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Pakistan’s fiscal, defense and ambassadorial relations with Germany were growing sturdier and Ahmed proposed that Pakistan should take advantage of German expertise and advanced technology.
Nadeem stated there were endless openings for joint ventures and cooperative investment plans between Pakistan and Germany in numerous fields like Information Technology, auto-sector, transport, communications, production, agricultural-technology, power, and chemical production.