Chinese firms plan to invest $2.6bn in Balochistan

ISLAMABAD  : Chinese companies have announced plans to invest about $2.6 billion in Balochistan’s manufacturing sector and $14 million in the mineral industry, aiming to boost industrial growth and create jobs for local residents. The announcement was made during a meeting between a Chinese investor delegation, including Chang Jiang Industries chairman Zhang Yang, and Senate Deputy Chairman Syedal Khan. The investors also expressed interest in sectors such as agriculture, transport, and tourism over the next five years. Both sides highlighted the potential for stronger Pakistan–China economic cooperation, particularly to support Balochistan’s development.