Chinese Firm Shows Interest in Investing in Pakistan

Wed Jun 05 2024
icon-facebook icon-twitter icon-whatsapp

SHENZHEN: Chairman of Chinese firm Transsion Holdings Zhu Zhaojiang has called on Pakistan’s Prime Minister Shehbaz Sharif and conveyed his company’s interest in enhancing investment in mobile phone manufacturing unit and investing in electric bikes, mobile phone manufacturing, modern agriculture, and Fintech sectors.

The PM, who is in China for a five-day official visit, urged the relevant ministers and Pakistan’s Ambassador in China to formulate an early strategy, in coordination with the Chinese firm.

He said that the incumbent government was extending all-out-facilitation to foreign businessmen and investors. He also invited company to manufacture goods in Pakistan for export purposes, citing Pakistan’s immense resources and youth bulge.

Zhu Zhaojiang lauded the prime minister of his firm’s current operations in Pakistan, international exports and the future plans to enhance investment in Pakistan.

It was told that the firm had already set up a mobile phone manufacturing unit in Pakistan providing employment to about 5,000 Pakistani workers. He said the firm desired to expand its investment in the mobile phone industry which would also surge mobile phone export from Pakistan.

icon-facebook icon-twitter icon-whatsapp