Wednesday, January 28, 2026

BOI Strengthens Pak–China Industrial Cooperation

Islamabad : A distinguished 19-member delegation of the China Federation of Industrial Economics (CFIE) and the Belt & Road Industrial & Commercial Alliance (BRICA) visited the Board of Investment (BOI). The visit followed the Prime Minister–led Pak–China B2B Investment Conference held in Beijing in September 2025 and signified growing momentum in bilateral industrial collaboration under the next phase of CPEC.

The meeting was chaired by Secretary BOI and SIFC, Jamil Qureshi, and attended by senior BOI leadership, including Dr. Erfa Iqbal, Additional Secretary, and Ms. Farah Farooq, Director General SEZ/PD-PMU. The Chinese delegation was led by Xiong Meng, Executive Vice Chairman and Secretary-General of CFIE, and included representatives from leading Chinese enterprises operating across the energy, ICT, mining, manufacturing, and advanced industrial technology sectors.

During the meeting, Secretary BOI briefed the delegation on the strategic importance of CPEC and shared the outcomes of the second Pakistan–China B2B Investment Conference held in Beijing, where 167 MoUs and Joint Ventures worth USD 9.9 billion were concluded across priority sectors. He emphasized BOI and SIFC’s strengthened facilitation architecture, including the one-window investor support mechanism, improved investment dispute resolution processes, and the introduction of the new single-window Business Facilitation Centre(BFC) system for swift and coordinated government approvals.

The Additional Secretary (EDG-II) highlighted the Government of Pakistan’s reform agenda to further improve the ease of doing business, noting the policy and regulatory measures recently introduced by the Prime Minister to attract and retain long-term foreign investment. DG SEZ/PD-PMU presented an extensive briefing on the development of Special Economic Zones, incentives offered to investors, facilitation services, and emerging areas of partnership—reaffirming BOI’s full support for enhanced B2B engagement and industrial cooperation.

Discussions centered on expanding Pakistan–China industrial cooperation under CPEC Phase-II, with a focus on SEZ development, industrial relocation, and joint investments. Both sides also explored opportunities to promote digital, green, and smart industrial transformation; advance technology transfer; strengthen co-production models; and increase manufacturing partnerships. The delegation recognized Pakistan’s role as a founding member of BRICA since 2015 and acknowledged its strategic geographic position as a natural industrial and trade hub connecting South Asia, Central Asia, the Middle East, and Africa.

BOI assured comprehensive facilitation to all companies represented in the delegation and reaffirmed Pakistan’s commitment to deepening industrial partnerships for shared economic progress. The visit further strengthened the ongoing Industrial Cooperation Phase of CPEC and contributed to Pakistan’s long-term path toward sustainable, export-led, and inclusive economic growth.

Under the leadership of Federal Minister Qaiser Ahmed Sheikh, the Board of Investment continues to play a pivotal role in promoting foreign investment, expanding industrial cooperation, and enhancing Pakistan’s global economic integration—particularly with China, Pakistan’s close and enduring strategic partner. The engagement with the CFIE and BRICA delegation marks another important milestone in accelerating progress under CPEC Phase-II and advancing Pakistan’s industrial transformation agenda.

Field Correspondent Sohail Majeed
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Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.

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