Islamabad: Pakistan is set to issue panda bonds by June 2025 with the aim of raising nearly $200 million in investments from Chinese investors, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb said on Sunday.
In an interview with TVB News in Hong Kong, he explained that the bonds were part of Pakistan’s broader strategy to tap Chinese capital markets, attract investments from one of the world’s largest economies, boost the country’s economic growth, and ensure sustainability in the balance of economic power. Payments.
“We are optimistic about the prospects of Panda Bonds and hope to raise around $200 million through this issue,” he said, adding that this initiative will not only strengthen economic ties with China but will also serve as a catalyst for more investment flows into Pakistan.
Aurangzeb stressed the government’s commitment to shifting Pakistan’s economic model towards export-led growth, which is critical to achieving long-term balance of payments stability.
The Finance Minister also highlighted the importance of the second phase of the China-Pakistan Economic Corridor (CPEC 2.0), a key component of the Belt and Road Initiative (BRI) that would further deepen economic cooperation between the two countries.
“The second phase of the China-Pakistan Economic Corridor will bring more Chinese companies and investments to Pakistan, providing great opportunities for growth and development,” Aurangzeb said.
As part of his diplomatic contacts, the Finance Minister invited Hong Kong to send delegations to Pakistan to explore trade and financial opportunities.
He pointed out that Hong Kong could serve as a suitable platform for joint projects between Chinese and Pakistani companies, and strengthen economic and financial relations between the two countries.
“We are committed to strengthening our financial cooperation with Hong Kong and believe that there is huge potential for cooperation in areas such as infrastructure, trade and investment,” Aurangzeb noted.