Chinese firms sign pacts for investment

ISLAMABAD: Chinese companies signed various memorandums of understanding (MoUs) with their Pakistani counterparts on Friday for investment in textile technology, agriculture and livestock sectors in Pakistan.

The MoUs were signed at the ‘Business Round­table Conference’ held at Pakistan Embassy in Beijing. At the conference, as many as 25 major Chinese companies exp­ress­ed their deep interest in investing heavily in Pakistan.

These investment companies specialise in agriculture...