A Chinese conglomerate has expressed interest in investing between $5 billion and $10 billion in Pakistan across mining, advanced technology and industrial development, potentially marking one of the largest private-sector investment pledges from China to the South Asian nation.
A delegation from Aerospace Development Industry Investment Group Co., led by Party Secretary and Chairman Lu Jinhai, met Pakistan’s Minister for the Board of Investment Pakistan, Qaiser Ahmed Sheikh, to discuss potential opportunities in the country.
During the meeting, the company outlined its portfolio spanning aerospace, artificial intelligence, electric vehicles, drone technologies and energy projects, according to officials familiar with the discussions.
The group also signaled interest in partnering with Pakistan on skills development and technology transfer, presenting the potential engagement as a long-term collaboration aimed at supporting the country’s economic and technological growth rather than a purely transactional investment.