Expected that Alibaba Group invest around $400 million in Pakistan.

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Alibaba group have a plan of second officially visit Pakistan and they will invest around $400 million in Pakistan.

Expected that, Alibaba group will second visit Pakistan and confirm that top level delegates of Alibaba group will also come to Pakistan. They will be the part of running e-commerce in the country soon. This visit will be the second officially visit by the Alibaba group. They have a plan to invest in e-commerce in Pakistan.

The Alibaba group will visit Pakistan, Mr Michael Evans, the president and director of Alibaba with other delegates will visit the country and met with the President of Pakistan Mian Nawaz Sharif, Commerce Minister, Mr Khurram Dastagir Khan and the Minister for Information Technology and Telecom, Ms Anusha Rehman and some other government officials.

A few month ago, the Chairman of Alibaba group, Jack Ma at World Economic Forum met with the president of Pakistan Mian Nawaz Sharif. The company was showed the interest to investment in Pakistan. According to the Alibaba and other official websites, the company will invest around $400 million in Pakistan economy in various sectors.

Moreover, they will also met with the Chairman Board of Investment, Mr. Muftah Ismail, and the chairman of NADRA.

Source: Techtimes.pk

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