ISLAMABAD, Jan 19 (Alliance News): Pakistan plans to issue Panda bonds by June 2025, aiming to raise approximately $200 million from Chinese investors, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb announced.
In an interview with Hong Kong’s TVB News, Aurangzeb stated that the initiative is part of Pakistan’s strategy to access China’s capital markets, attract investments, and strengthen economic growth.
“We are optimistic about the prospects of Panda bonds and hope to raise around $200 million,” he said, emphasizing that the effort would deepen Pakistan-China economic ties and encourage further investments.
The minister also highlighted Pakistan’s commitment to transitioning to an export-led economic model, aimed at achieving sustainable balance of payments stability.
Discussing the China-Pakistan Economic Corridor (CPEC) Phase II, a pivotal part of China’s Belt and Road Initiative, Aurangzeb expressed optimism about its potential to attract more Chinese companies and investments, spurring development in Pakistan.
Aurangzeb extended an invitation to Hong Kong to explore trade and financial collaborations, positioning it as a platform for joint ventures between Chinese and Pakistani enterprises.
“We see immense potential for partnerships in infrastructure, trade, and investment,” he added.
