ISLAMABAD: A Chinese conglomerate with an AAA credit rating has expressed interest in investing between $5 billion and $10 billion in Pakistan across mining, advanced technology and industrial development, in what would rank among the largest single pledges of Chinese private investment in the country.
The delegation from Aerospace Development Industry Investment Group Co., led by Party Secretary and Chairman Lu Jinhai, met Federal Minister for Board of Investment Qaiser Ahmed Sheikh, briefing him on the company’s portfolio spanning aerospace, artificial intelligence, electric vehicles, drone technologies and energy projects. The group also flagged interest in partnering with Pakistan on skill development, framing the engagement as a long-term contribution to the country’s economic and technological advancement rather than a transactional investment.
