A high-level delegation of Alibaba Group, the global tech giant, is visiting Pakistan again, we have confirmed with sources.
This is second time in just two months that top officials of Alibaba Group are visiting Pakistan.
It is confirmed that Alibaba’s delegation will be headed by Mr. Michael Evans, the President and Director of Alibaba, who looks after Group’s international growth strategy in globalizing the group and expansion plans outside China.
Alibaba’s delegation is likely to meet with Mr. Mian Muhammad Nawaz Sharif, Prime Minister of Pakistan, Mr. Khurram Dastagir Khan, commerce Minister, Ms. Anusha Rehman, Minister for IT and Telecom among other key designates in the capital.
Alibaba had first shown its interest in Pakistani market when Jack Ma, the Chairman of Alibaba Group, had met with Prime Minister of Pakistan few months ago in Davos, Switzerland on the sidelines of World Economic Forum’s annual meeting.
During first session, the officials will meet with Pakistani ministers to discuss finances, investment and other monetary issues. Then later on, during second session, the delegation will meet with IT Minister, commerce minister to discuss various matters relating to Alibaba’s plans in the country.
Delegation is also set to meet with Mr. Miftah Ismail, Chairman Board of Investment, and with Chairman NADRA.
Sources said that from the looks, government of Pakistan is hoping that Alibaba group will invest around $400 million in Pakistan in various segments.
However, they said, final plans will only be revealed after Alibaba’s meetings with government officials.