A Chinese investment group has expressed interest in establishing Pakistan’s first inverter and battery manufacturing industry. The proposed investment is expected to boost the country’s emerging electronics sector and create jobs.
Liangzhang Zhou, Chairman of Hexing Electrical Group, led a delegation to Islamabad to meet with Federal Minister Abdul Aleem Khan. During the meeting, Zhou outlined his group’s plans to set up a factory in Pakistan, similar to their operations in other countries.
Minister Khan welcomed the initiative, highlighting Pakistan’s favorable investment climate and the potential benefits of the project, including job creation and increased exports. He assured the Chinese delegation of full support from the government.
The planned transfer of industries from China to Pakistan is seen as a significant step towards economic development. Minister Khan emphasized Pakistan’s commitment to facilitating foreign investment in the electrical sector.
This meeting follows the recent visit of the Pakistani Prime Minister to China, which has led to increased joint ventures and reflects strong confidence from Chinese investors in Pakistan’s economic prospects.
