He was talking to Chairman French Business Council Thierry Pflimlin who called on him at the head of a delegation in Islamabad
Pakistan will welcome both technology, investment by France in hydel energy and dairy products. A 21-member French business delegation arrives in Pakistan on a three-day visit today for bolstering trade ties Pakistan offers vast investment opportunities in energy, infrastructure and agriculture sectors.
Cotton production goes up 9.9pc
The country has produced 10.725 million cotton bales so far in this season, up 9.87 per cent from a year ago. However, the output remained less than the average of around 14-15m bales recorded up to the 2014-15 season. Fortnightly phutti arrival figures released by the Pakistan Cotton Ginners’ Association (PCGA) show production up to the second half of March stood higher by 963,593 bales on a year-on-year basis.
Chinese Fortune 500 company among bidders for Railways upgrade
After a marked improvement in the country’s security situation, top companies in China that have a proven record of quality and safety are eying to clinch multibillion contracts to upgrade Pakistan’s dilapidated railways infrastructure under the $8-billion ML-I project of the China-Pakistan Economic Corridor (CPEC). The China Railways Group – a Fortune 500 company known as CREC – and China Communications Construction Company (CCCC), the largest international Engineering Procurement and Construction (EPC) contractor of Asia, are among the four Chinese companies competing for the $8 billion ML-I project.