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Mayor Mustafa Cameron of Karachi, Pakistan, recently met with Chinese Consul General Karasaki Chen Shanmin, during which he expressed strong support for increased Chinese investment in the city. The Karachi municipal government is actively encouraging Chinese companies to explore opportunities for investment and has proposed the establishment of a 2000-acre industrial zone in the area. The Pakistani side is prepared to offer favorable policies, including reduced land costs and tax incentives, to attract foreign investors.
As the largest commercial hub and port city in Pakistan, Karachi possesses significant potential for economic growth and development. Its strategic location and well-established infrastructure make it an attractive destination for international businesses. With China-Pakistan economic ties strengthening year by year, the local government is keen to maintain this momentum and further deepen cooperation between the two nations.
The meeting highlighted the mutual interest in expanding trade and investment, with both sides expressing optimism about future collaboration. Mayor Cameron emphasized that Karachi is ready to welcome Chinese enterprises and provide them with the necessary support to thrive in the region. This initiative is expected to create jobs, boost local industries, and contribute to the overall economic development of the city.