July 3, 2023
1 min read

Jack Ma’s surprise Pak visit creates stir among observers

Jack Ma during the visit, avoided interactions with government officials and the media..reports Asian Lite News

Chinese billionaire and co-founder of Alibaba Group, Jack Ma, has created a stir among observers with his unexpected visit to Pakistan, according to the Express Tribune newspaper.

Former Chairman of the Board of Investment (BOI), Muhammad Azfar Ahsan, confirmed the visit to The Express Tribune, stating that Ma arrived in Lahore on June 29 and stayed for 23 hours.

Jack Ma during the visit, avoided interactions with government officials and the media. He resided at a private location and left on June 30 via a private jet registered under the name VP-CMA, owned by Jet Aviation.

According to The Express Tribune, while the purpose of Ma’s visit remains confidential at this point, there is hope that it will yield positive outcomes for Pakistan in the days to come, according to Ahsan.

Ma was accompanied by a delegation of seven businessmen, consisting of five Chinese nationals, one Danish individual, and one US citizen. They arrived in Pakistan from Nepal via a chartered flight from Hong Kong’s business aviation sector.

There have been various speculations on social media about Ma and his team exploring business opportunities in Pakistan, including visits to trade centres and meetings with prominent businessmen and officials from various chambers of commerce. However, there has been no confirmation regarding any specific business deals or meetings.

Ahsan in a tweet clarified that Ma’s visit was strictly for personal purposes. Interestingly, even the Chinese embassy was unaware of the details of Ma’s visit and engagements in the country, he said.

Speaking to the Express Tribune, P@SHA, Chairman, Zohaib Khan remarked, “Although it was a personal visit, it helped enhance Pakistan’s reputation from a tourism standpoint.” Khan expressed the view that Pakistani authorities should have taken the opportunity to arrange a meeting with Ma and gain insights from his seasoned experience in the IT world. He said even a statement from Ma regarding Pakistan’s IT sector would have significant impact. (ANI)

ALSO READ: Afghanistan accounts for 80% of illicit global opium production

Previous Story

Afghan residents claim Taliban turning schools into military outposts

Next Story

Risk of attacks on coal trucks jeopardise CPEC projects

Latest from -Top News

Highway Protest Halts PoGB-China Trade

The protestors have called for exclusion of residents of Pakistan-occupied Gilgit Baltistan from income, sales and other federal taxes on products imported from China via Khunjerab Pass, Trade and travel between Pakistan-occupied

Dhaka’s Ruling Party Rejects Kolkata Link

Slamming the Yunus administration, the Awami League alleged that “the illegal usurper government is actively spreading these baseless rumours….reports Asian Lite News Bangladesh’s Awami League has rejected media reports that it opened

1.5M Afghans Forced Back in 2025

UN warned that these women and girls face significant threats upon their return to Afghanistan, including poverty, early marriage, violence, and unprecedented restrictions. The International Organization for Migration (IOM) has warned that

How BRICS Break the West’s Grip

Harvansh Chawla pointed to the Ruble-Rupee trade arrangement between the two nations, saying it has streamlined transactions and lessened reliance on Western financial systems. The BRICS bloc is proving crucial in enabling
Go toTop

Don't Miss

Beijing deepens security ties with Africa to secure stronger foothold

In 2018, after President Xi Jinping announced several new measures

May 9 probe expands to overseas Pakistanis

The authorities have “collected and analysed” the data of hundreds