Chinese company Sunwalk Group has made a plan to invest crores of rupees in Pakistan’s telecom sector, but what is the reason behind investing crores of rupees, let us know.
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chinese group Sunwalk Group Plans to invest $2 billion (about ₹1,65,41,40,00,000 crore) in Pakistan’s telecom sector to place optical fiber network covering 1,00,000 km of Pakistan in a time bound manner has been made.
A high level delegation of Sunwalk Group led by Chairman HOU met Syed Aminul Haque, Federal Minister for IT and Telecom. Let us tell you that this information has come to the fore through the report of the Business Recorder.
The high level delegation of Sunwalk Group discussed several issues in the meeting with the Federal Minister Syed Aminul Haque. Explain that during the meeting, investment in Optical Fiber Cable (OFC), Telecom infrastructure and Right of Way (RoW) has been discussed.
What is Sunwalk Group after all?
For the information of the people, let us tell you that Sunwalk Private Limited is a telecommunication and technology based multinational private Chinese company. The same company has worked to develop several telecommunication and communication infrastructure projects in China, not only this, Sunwalk Group has now obtained the TIP license in Pakistan as well.
For the information of the people, let us tell you that this Chinese company has started working and has invested $ 5 million (Rs 41,36,57,500 crore) in the telecom sector of Pakistan. According to the report of Business Recorder, after investing, now the next step of this Chinese company is to spread or say to place optical fiber cable within a radius of 5 thousand kilometers of Pakistan.
In the meeting, the Pakistani minister told the Chinese delegation that talks are going on with the Ministry of Railways and the Highways Authority regarding the laying of the optical fiber cable. He assured that all the hurdles in this regard would be removed soon.
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