BMA Capital signs MoU for the establishment of China Pakistan Investment Initiative (CPII)
Karachi, Pakistan 22 January 2016: – At the conclusion of the visit by a delegation of companies from China, led by H.E. ShaZukang, Pakistan China Friendship Association, BMA Capital Management Limited, Gorntazy Capital Partners Limited and International Green Economy Association, signed a Memorandum of Understanding for the establishment of an China Pakistan Investment Initiative (CPII).
The CPII provides for ongoing support and services to companies from China seeking to invest in or do business in Pakistan with reciprocal services to Pakistani companies.
The visit, organized by the Pakistani Embassy in Beijing, in addition to presentations on Pakistan’s sector based investment case, comprised B2B meetings in Islamabad, Lahore, and Karachi. Various Federal and Provincial Government Ministries coordinated closely to make the visit a success.
H.E. ShaZukang followed by saying “China is very confident in Pakistan’s future and hence has invested more in Pakistan than it has any other Asian country. He further emphasized that they have come to Pakistan due to their confidence in it and will continue to keep bringing groups of private sector companies to explore opportunities. Building on what MunirAkram said ShaZukang emphasized how concrete and tangible results with the private sector were of highest importance. To ensure the same CPII is being created, to facilitate and follow up on any projects and investments from either side.”
Ambassador MunirAkram thanked H.E. ShaZukang for making it to Pakistan after many years. He spoke about H.E. many contributions, both diplomatic and conventional, in the development of Pak China relations. He went on to say “It is imperative that we establish a process to follow up on either side for tangible and concrete results of various MoU being signed.”
At the occasion Mr. Moazzam Malik said “After seeing such an impressive private sector delegationvisit Pakistan, and many more to come, it is great to see the China Pakistan Economic Corridor come to life. We hope these initiatives can bring success and prosperity to both countries.”
The mission of International Green Economy Association is to promote green economy, sustainable development and to construct an ecological civilization. We are committed to providing green solutions to the regional economic development of industries, agriculture, energy, and environmental protection. International Green Economy Association have more than 1,000 member companies and 500 expert industry consultants GreenThink Tankers. We have more than 50 green economy corporation partners and more than 10 strategic regional economic base. In order to promote the efficient integration of green economy resources, International Green Economy Association has created an industry alliance system, a international exchanges and cooperation platform, and CSR and public welfare development institution.
Gorntazy Group’s strategic objective is to help its clients build relationships in the Middle East and Asia, particularly China, with a view to raise capital from these regions and promoting strong trade and economic links between investors, governments and Gorntazy’s clients. Gorntazy’s client list includes leading financial groups within Private Equity, Hedge Funds and Real Estate. The Group also promotes many unique direct investment opportunities with a focus on natural resources and infrastructure. Gorntazy focuses its marketing on sovereign wealth funds, pension funds as well as targeted institutions/ groups and high worth individuals within the GCC and Asia. Since inception, Gorntazy Company has achieved significant success in its objectives.
BMA Capital, is a Corporate Member of the Karachi Stock Exchange and is one of the leading securities brokerage, asset management & investment banking firms in Pakistan, established since 1992. The principal activities of BMA Capital include all aspects of the capital markets covering Equities, Fixed Income, Treasury (Money Markets & Foreign Exchange), Commodities, Asset Management, Corporate Finance & Advisory, Research, Investment Advisory and Financial Products distribution. We have successfully managed and completed transactions in excess of USD 12 Billion including some of the most pioneering and landmark transactions in the history of Pakistan.Download PDF