The Chinese biotech company SINOVAC, which provided Pakistan with the first doses of Covid-19 vaccines, has showed interest in making investments in Punjab’s cattle and healthcare industries. Profit has learned from reliable sources that the investment might be valued up to $200 million.
The delegation from the firm met in-depth with Secretary Industries, Commerce, Investment & Skills Development Department (ICI&SDD) Ahmed Javed Qazi to discuss the investment and possible investments outside of merely the health and livestock industries.
During a brief side conversation, Qazi informed Profit that the delegation was considering investing in Punjab and that they had been presented with a number of Special Economic Zone alternatives (SEZs). The Chinese delegation had the choice of several SEZs, and our SEZs under CPEC are quite profitable for international investors.
When it comes to giving information, facilitating, and sanctioning investment, our SEZs provide one-window facilitation services to investors. SEZs save operating expenses, boost output, and promote investments, the speaker claimed. “The Chinese business wants to produce vaccines here. We urged them to help with cattle immunisation efforts as well. The group also disclosed that they were conducting extensive research on a dengue remedy.
To read our blog on “Pakistan records progress in the routine immunisation of children”,” click here
