Trade of Asia

A Chinese company will put $50 million into Gwadar and Karachi.

Pakistan and China have worked together in Gwadar and Karachi to improve farming, power, and transportation.

In this way, Optima Integration Group of China and Asia Pak Investments of Pakistan have signed a deal to spend $50 million in the first phase.

The Board of Investment made the deal possible, and it will lead to the creation of more than 100 jobs in Gwadar and Karachi, as well as the building of a high-tech processing facility and the transfer of technology.

The agreement, which was signed by Optima Integration Group Chairman Sam Siu and Sino Pak Optima Technologies’ Chief, is meant to make it easier for the two companies to work together in agriculture.

The two groups agreed to create a supply chain for seafood from start to finish.

The General Administration of Customs of the People’s Republic of China has given permission to import 79 types of fish from Pakistan.

In the long run, the project would include beef and goats in addition to fish. At first, beef would be exported through a cold chain.

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