ISLAMABAD (UNA) – The Pakistan Dynamics Engineering and Automation Company (PDEC) has launched two special economic zones in Thatta and Chakwal cities, after concluding negotiations with Chinese investors and companies to build manufacturing facilities, global service centers, and R&D centers and laboratories, with a total investment of $5-7 billion. The company’s CEO Owais Mir said that several Chinese companies with a capital exceeding billions of dollars have confirmed their plans to invest in the two economic zones that have been launched in a bid to boost foreign direct investment, in line with Prime Minister Imran Khan’s vision. He revealed that these Chinese investors will establish industries in the health sector, metal recycling, automotive manufacturing including electric vehicles, in addition to agriculture, renewable energy, and artificial intelligence. (End)
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