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ISLAMABAD: A leading Chinese company is establishing a large-scale manufacturing facility in Pakistan, with the potential to generate annual exports of $400 million to $500m and create up to 20,000 local jobs, reflecting renewed investment interest as the country seeks to boost industrial output and external earnings.
This was disclosed on Wednesday by a Chinese business delegation, led by Challenges Fashion Chairman Huwang Weiguo and Challenge Apparel CEO Ms Karen Chen, with Commerce Minister Jam Kamal Khan.
Both sides discussed investment in export-oriented manufacturing, industrial facilitation, tariff rationalisation, and broader Pakistan-China economic cooperation.
An official announcement said the delegation briefed the minister on the progress of their ongoing industrial project in Pakistan, sharing plans for significant expansion in manufacturing capacity, employment generation, and export growth.
