Due to the Special Investment Facilitation Council’s assistance, Chinese businessmen are showing a revived interest in Pakistan. Pakistan has recently sent high-ranking delegations to China to promote investment in industries such as renewable energy, medical equipment, leather, plastics, textiles, and plastics.
At port Qasim in Karachi, the Chinese solar panel manufacturer “Renesola Pakistan” intends to set up an assembly plant capable of producing up to 4 gigawatts of solar energy. An electric bike, scooter, and tricycle assembly plant is planned to be established in Khyber Pakhtunkhwa by the Xiamen Sino-Pak International consulting and investment firm.
Pakistan’s renewable energy sector is of interest to Hexing Electrical, and the Ruyi Shandong Group intends to develop textile parks that meet international standards. Pakistan will also see the establishment of factories by Rainbow Industries Limited and Shaoxing Chemical Industry.
An exploration memorandum on shale and tight gas potential has been inked by the oil and gas development business and CCDI.
