Industrial Incubator In Pakistan With Focus On Technology Transfer Will Be Established
Industrial Incubator In Pakistan With Focus On Technology Transfer Will Be Established: A 9 member delegation of Chengdu Chamber of Commerce for Commercial Services (CCCCS) recently visited Pakistan where they explored the opportunities to establish an industrial zone either in Lahore, Karachi or Gwadar.
Industrialists from Chengdu, the economic hub of southwest China, have revealed their interest in establishing an “industrial incubator” in Pakistan with focus on technology transfer. They have shown their will to build a “Pakistan Commodity Centre” in Chengdu for the promotion of trade between two countries.
Pakistan and China are moving towards greater economic cooperation that will boost trade and economic ties while brining massive investment in Pakistan. Professor Song Zhihui, the strategic partner of the Chengdu Chamber of Commerce for Commercial Services (CCCCS) said that they held productive meetings in this connection with all the stakeholders, including Karachi Chamber of Commerce, Sindh Board of Investment, furniture manufacturers and other government functionaries.
CCCCS delegation also went to Bin Qasim Industrial Park during their Karachi visit. Naheed Memon, Chairperson Sindh Board of Investment, termed the meeting with the delegation very positive, adding that the both sides identified a few areas for further work.
The visiting delegation was comprised of Li Tiansu, Chairman CCCCS, Li Hongwu, Chairman of Chengdu Kaixin Group Gou Lin, Assistant of Prof. Song Zhihui Ren Chenglong, Chairman of Sichuan Zhenxinkechuang Industries, He Jian, Deputy General Manager of Sichuan Hongyu Kaixin Real Estate Development Yin Houjian, General Manager of Sichuan Yuxin Pharmaceutical Cheng Jianping, Chairman of KOCCIO and General Manager of Sichuan Headspring Trading Liu Sihan.
The delegation also had a very prolific meeting with the management of China Overseas Ports Holding Company Ltd. along with Dostain Khan Jamaldini, Chairman Gwadar Port Authority.
Li Tiansu, Chairman CCCCS stated the plan of
- Establishing an industrial incubator
- the trade body is considering to establish a Pakistan Commodity Center in Chengdu, on the lines of Chengdu European Center.
- In PCC agriculture products, furniture and marble products from Pakistan would be displayed to be sold in local market.
- sectors the CCCCS looking to invest in include ceramics, garment, automobile, electronics and information technology
- China Logistics Corporation is looking to facilitate transportation of goods to and from Sichuan, just like China-Europe freight train service
- starting business in recently inaugurated Gwadar Free Zone
- decision to participate in the coming Expo and Trade Fair in Gwadar
Chairman CCCCS stressed that balancing trade deficit between the two countries is one of the core principles and reason for establishing this center.
CCCCS has posted guidelines on its website for small and medium enterprises to “go abroad” and integrates into the investment for economic and technical cooperation. These projects of technology and funds as support will help Pakistanis obtain employment, and improve living standards.
Chengdu is a software base in China so transfer of technology in IT is another important element of their business model along with Research and Development facilities, labor training and localization of industries.
For More Information & Videos Subscribe To Our YouTube Channel