Lahore: China is keen to invest in food processing area besides joint ventures in clothing, dyeing and embroidery sectors said S.M Naveed, President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) on Friday.
While addressing a think tank of PCJCCI, Naveed said that the potential market of Pakistani food and clothing with Chinese assistance will enhance competitiveness and also add value to the existing standards of production.
He further added that, the joint ventures of both countries would prove to be momentous in increasing mutual conviction, cooperation, and regional connectivity between China and Pakistan.
He mentioned that Pakistan ranked in the world top 10 in terms of food production but due to lack of technology and post-harvest losses, it is unable to expand its export base of food items. He said that the transformation of food processing technology from China to Pakistan would bring a remarkable shift in expanding export base by reducing cost and introducing state of the art features.
Daud Ahmed, Senior Vice President PCJCCI expressed that, there are vast prospects in developing some important areas that are currently functioning at small scale with diminutive expertise and technology. Such areas include, fruit processing, spices, marine foods, clothing, wood working, re modified vehicles, automotive spare parts, power tools, medical equipment and condiments.
Salahuddin Hanif, Secretary General PCJCCI said that PCJCCI will arrange visits of Chinese delegations in different food processing units including relating to herbal health products, food and horticulture processing.
He affirmed that Chinese people had keen interest in food and herbal products of Pakistan. We will send sample of these products for the purpose to market them in China. There is enormous scope for joint ventures in amalgamated Chinese eastern medicine system with Pakistani expertise.
The think tank also discussed the new prospects for establishing processing units for fresh foods including vegetable preservation, dehydration, and life enduring plants of fruits and vegetables.