Pakistan and China have entered a five-year economic and trade cooperation framework to increase Chinese investment in the South Asian country.
Some 20 Chinese companies have committed to investing in the recently proposed Pak-China Industrial Zone, near Kala Shah Kako in the province of Punjab.
This would be the first Chinese industrial zone outside China in which leading Chinese groups would make investments and establish various projects.
Asia Times states that in Punjab, about 200 hectares of land at M-III Industrial Estate in Faisalabad has been allocated for Chinese investors.
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