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Latest News - September 18, 2024

Chinese companies announce to set up plants in Pakistan

Two major Chinese companies have revealed plans to establish manufacturing plants in Pakistan for producing raw materials for the textile industry, thanks to support from the Special Investment Facilitation Council. These investments, totaling millions of dollars, aim to provide cost-effective raw materials and introduce advanced technology, boosting the growth of Pakistan’s textile sector.

Two major Chinese companies have announced to set up their plants in Pakistan to manufacture raw materials for the textile industry.

This development has happened because of the facilitation provided by the Special Investment Facilitation Council.

The two companies are expected to invest millions of dollars in the projects aimed at producing cheap raw materials for the local textile industry.

The Chinese investment will lead to transfer of latest technology and growth in the textile industry of Pakistan.

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