ISLAMABAD (Web-Desk): China’s prominent telecom conglomerate, Guodong Group, has expressed keen interest in making significant investments across Pakistan’s telecommunications, EV charging, and energy sectors. This development marks a concrete step towards boosting foreign direct investment (FDI) in the country, with the Special Investment Facilitation Centre (SIFC) playing a crucial facilitating role.
Federal Minister for IT and Telecom, Shaza Fatima Khawaja, recently met with a delegation from China’s Guodong Group in Shanghai. During the meeting, which took place on the sidelines of the Global Artificial Intelligence Conference, the Chinese firm conveyed strong interest in investing in Pakistan’s Information and Communication Technology (ICT) sector, including telecommunication towers, data centers, and cloud computing infrastructure. Beyond telecom, Guodong Group also signaled its intent to explore opportunities in new energy domains, such as EV charging stations, smart city solutions, and advanced material manufacturing within Pakistan.
Minister Khawaja welcomed the investment proposals and extended an invitation to the Guodong Group delegation to visit Islamabad for more detailed discussions and to explore potential partnerships. She assured the delegation of the Pakistani government’s full support and facilitation to realize hese investment initiatives, aligning with the Prime Minister’s vision of a “Digital Nation Pakistan.”
The Special Investment Facilitation Centre (SIFC), a key initiative by the Pakistani government, aims to streamline and promote international business partnerships, acting as a “single window” to facilitate investors and fast-track project development. This engagement with Guodong Group is seen as a positive sign for Pakistan’s efforts to attract foreign investment and drive economic growth, particularly in technologically advanced and green energy sectors.