CAEDA plans to invest $13-30 billion in Pakistan's free trade zone over five years, expanding into energy, health, and other sectors.

The China Asia Economic Development Association (CAEDA) intends to invest $13 billion in Pakistan's free trade zone over the next five years, potentially increasing to $30 billion. The project aims to meet local and international demands, featuring a duty-free shopping mall. Additionally, CAEDA has sent 20 fishing boats with a $500 million investment and is negotiating agreements with Pakistan's Energy and Health Ministries on refined petroleum, solar power, and pharmaceuticals.

October 20, 2024
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