Alibaba chief interested in investment in Pakistan
LAHORE (Web Desk) – Chairman of Alibaba Group, Jack Ma called on Prime Minister (PM) Nawaz Sharif on Wednesday and expressed interest in investment in Pakistan.
The meeting came on sidelines of World Economic Forum in Davos of Switzerland.
Alibaba chief said that the conglomerate was monitoring Pakistan’s economic growth and e-commerce sector
Jack Ma said that the giant wants to support small-scale industries in developing countries. While talking about China-Pakistan Economic Corridor (CPEC), he said that the historic investment would promote bilateral ties between the two states.
Ma invited Prime Minister Nawaz Sharif to grace Alibaba headquarters with his visit in Guangzhou.
Earlier on January 12, Finance Minister, Ishaq Dar convened meeting with Google Director for Public Policy and Government Relations, Southeast Asia and Greater China, Ann Lavin and discussed possible collaboration to digitalise economic activities of Pakistan.
Lavin s meeting with the federal minister came during his visit to Pakistan. In the meeting, Lavin acknowledged economic growth of Pakistan in the last three years.
On January 17, Chief Executive Officer (CEO) of eBay, Devin Wenig had branded emerging markets of the world the fastest growing of all in e-commerce sector. His statement came in as response to a question over Pakistan.