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Business

Pakistan-China Business Forum delegation signals readiness for Joint Ventures

Zikria Akbar calls for workable business models to boost Pakistan-China trade
ISLAMABAD, Oct 13 (APP):President Islamabad Chamber of Commerce and Industry (ICCI) Mohammad Zikria Akbar Zia has called for enhanced China-Pakistan industrial cooperation through joint ventures, technology transfer and investment in manufacturing,.
He emphasizing that industrialization is vital to Pakistan’s sustainable economic growth, export development and job creation.
He expressed these views while addressing a 13-member delegation of the Pakistan-China Business Forum (PCBF), led by Lt. General (R) Abdul Qayyum, Chief Patron, and Sheikh Ejaz Asghar, Co-Chairman, said a press release.
He stressed that consistent follow-up, effective business matchmaking and a clear understanding of mutual commercial interests were essential to translating bilateral engagements into tangible economic outcomes.
He proposed compiling a comprehensive directory of Chinese companies and their products, establishing a product and technology display centre at ICCI, and setting up a dedicated facilitation desk for Chinese businesses in Islamabad.
He emphasized that Islamabad’s strategic location and proximity to government institutions made it an attractive destination for investment.
The ICCI President also proposed organizing a major Pakistan-China Expo in Islamabad in March 2027 ahead of the upcoming Shanghai Cooperation Organisation (SCO) engagements to showcase products, promote investment opportunities and facilitate direct business-to-business connections.
Introducing the delegation, Sheikh Ejaz Asghar also Chairman of VOLTRIX BATTERIES who has been playing a key role for further promoting two countries partnerships since last 30 years said the group was keen to invest in the proposed Islamabad Industrial Estate and collaborate on developing a state-of-the-art expo facility to showcase products from both countries
He said the delegation was ready to enter into joint venture agreements with Pakistani businesses.
Highlighting plans to bring an electric bus project to Pakistan, he outlined opportunities in electric vehicles, electrical equipment, manufacturing, trade and distribution, as well as localized production and technical training.
He said the group was seeking reliable Pakistani partners, sales channels and industrial facilities to establish long-term business operations.
Earlier, Lt. General (R) Abdul Qayyum highlighted the group’s initiatives to strengthen economic cooperation between Pakistan and China.
Wei Linzhuo , President of PCBF Beijing, Yuan Bangxiang Chairman Shengtang EV Bus also participated in the engagement, while former ICCI presidents Mian Akram Farid and Mohammad Ejaz Abbasi emphasized the importance of expanding bilateral business ties through investment, joint ventures and sustained private-sector collaboration.

Source: APP (Associated Press of Pakistan)