ISLAMAABD, October 26 (APP): Prime Minister Shahid Khaqan Abbasi witnessed agreement signing ceremony of extension in the lease contract period of SAINDAK Copper – Gold Project between Saindak Metals Limited (SML) and Metallurgical Corporation of China (MCC) at P.M’s Office, Islamabad today.
Earlier, Mr. Zhang Mengxing President MCC along with senior officials of MCC called on the Prime Minister. Chief Minister Balochistan Nawab Sahanullah Khan Zehri, Mr. Zhao Lijian, Charge de Affairs of Chinese Embassy, senior officials of Petroleum Division and Provincial Government Balochistan were also present in the meeting.
The Prime Minister appreciated the efforts of MCC in developing the Saindak Project to its commercial operation stage. The Project has employed over 2000 Pakistanis and is also providing free services to the local villages at Balochistan, lauded the Prime Minister.
The Prime Minister stated that Chinese investment in Pakistan will pay long term dividends for the welfare of our countrymen. Our government has formulated investor friendly policies and provides suitable work environment for foreign companies, added the Prime Minister.
President MCC Mr. Zhang Mengxing thank the Prime Minister for the warm welcome and stated that Chinese companies are operating in a secure environment in Pakistan for the mutual benefits of both countries.
APP/Was
