“It’s not just Chinese companies that are looking to cash in on the investment opportunity Pakistan presents. The China-Pakistan Economic Corridor (CPEC) that envisages over $55 billion in loans and investments in the country’s energy and transportation sectors has many companies running for enhancement of capacity. Sensing the opportunity, Swedish asset manager Tundra Fonder bought a 9.4% stake in Daewoo Express, which became the third Pakistani company after TPL Properties and IBL Holding to receive direct investment from the Stockholm-based fund.”
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* Ontario and Quebec
