Pakistan, China ink extension in the lease contract period of Saindak Copper-Gold Project

797

Islamabad, Oct. 26 (TNS): Prime Minister Shahid Khaqan Abbasi says the government has formulated investor friendly policies and provided suitable environment to foreign companies.
He made these remarks while witnessing an agreement signing ceremony of extension in the lease contract period of Saindak Copper-Gold Project between Saindak Metals Limited and Metallurgical Corporation of China in Islamabad on Thursday.
He said Chinese investment in Pakistan will pay long term dividends for the welfare of our countrymen.
The Prime Minister appreciated the efforts of MCC in developing the Saindak Project to its commercial operation stage. He said the project has employed over 1500 Pakistanis and is also providing free services to the local villages at Balochistan.
Earlier, 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.

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.