Jack Ma, the co-founder of Alibaba, has arrived in Pakistan after his recent visit to Kathmandu, Nepal. Jack Ma’s visit to Pakistan surprised many in the country. Ma is said to have flown to Pakistan on Thursday on a chartered plane from Hong Kong Business Aviation. Muhammad Azfar Ahsan, the former minister of state and chairman of the Board of Investment (BOI), revealed in a tweet that Jack Ma is “actually in Lahore for a purely private visit”.
He added that even the Chinese embassy is not aware of the details of his visit and appointments in Pakistan.
Co-founder Jack Ma’s visit to Pakistan is cause for concern
During his visit, Jack Ma avoided interactions with government officials and media persons. He arrived on June 29 and lived in a private location. He departed on June 30 via a private jet registered under the name VP-CMA.
Some reports also claim that Jack Ma and his team are exploring business opportunities in Pakistan, including visits to trading hubs and meeting with prominent businessmen and officials from various chambers of commerce. However, there is no official confirmation yet about the meetings and business deals.
He is accompanied by a group of seven people who went to Pakistan with him, including an American and five Chinese.
Chinese business magnate, financier and philanthropist Jack Ma Yun is the co-founder of Alibaba Group, a global conglomerate of technology companies. In addition, Yunfeng Capital, a Chinese private equity firm, was co-founded by Ma.
Also see: Jack Ma Relinquishes Control of Fintech Giant Ant Group