The fastener industry should build a better future with Pakistan on the "Belt and Road"

Release time:

2023-02-24 10:09

According to a report on May 22, Germany’s Frankfurter Allgemeine Zeitung published an article entitled “The People’s Republic of Pakistan” on May 20 that although Pakistan’s economic growth exceeded 5%, the country still felt left out and neglected. Such a country opens the door to recognition, respect and assistance. Now, a lot of aid is coming from Beijing.

The article stated that Beijing wants to reactivate the Silk Road on the land and the Silk Road on the sea. China's plan is called "One Belt One Road", which will build bridges, highways, ports, airports, power plants and railways in dozens of countries through huge investments. "A golden opportunity." Said Ali, who once worked for BASF and Siemens and now leads a chamber of commerce, said. Because Pakistan is one of the most important parts of China's global jigsaw puzzle.

Prime Minister Sharif said in Beijing last week: "Today, I show you a rising, credible and safe Pakistan. It is a story that is now more and more regarded as a reversal, a winner. Today, it is a possession. Growing economies with increasing opportunities to accept new investment."

The article stated that Pakistan's "Dawn" has now published a credible draft of the Chinese investment master plan in Pakistan. The extent to which it will be implemented is still unclear. But it conforms to what China announced, and it also conforms to the expectations of Pakistani businessmen and politicians.

The article stated that Pakistan was first regarded as a granary by the Chinese. They believe that agriculture has huge investment opportunities. "Chinese companies as investors will build fertilizer, pesticide, vaccine and feed factories. They will cooperate with local Pakistani companies in the form of joint ventures or acquisitions." Along the coast near the Persian Gulf, leisure parks, yacht ports and hotels will be built— —The Chinese will travel there in the future, just as Westerners travel to Dubai today. Gold, diamonds and marble will be mined in central Pakistan.

The article said that factories and refineries will be built in southern Pakistan. China also plans to lay fiber optic cable networks from the south to the north of the country, while also laying oil and gas pipelines and building wide roads.

Pakistan has opened its doors through the “Belt and Road Initiative”, and under the concept of sharing and co-construction, it has launched large-scale cooperation with my country. As pointed out above, factories will be built in southern Pakistan, and broad roads are also planned. The development of these projects will undoubtedly bring new hope to our fastener industry. Our fastener industry should also adapt to the current situation and seize the opportunity to enable our companies to go abroad and build a better future with Pakistan.

Accelerate the transformation and upgrading of mechanical products

Fasteners such as bolts and rivets will drive the civil aviation market

Accelerate the transformation and upgrading of mechanical products

Fasteners such as bolts and rivets will drive the civil aviation market