Chinese firm Transsion Holdings showed its keen interest in increasing investment in mobile phone manufacturing and exploring opportunities in electric bikes, modern agriculture, and Fintech sectors.
Chairman of Transsion Holdings, Zhu Zhaojiang, met with Prime Minister Shehbaz Sharif on Wednesday.
During his five-day official visit to China, the Prime Minister directed relevant federal ministers and Pakistan’s Ambassador in China to quickly develop a coordinated strategy with the Chinese company.
He said the incumbent government was extending all-out-facilitation to foreign investors and businessmen. He also invited the Transsion Holdings to manufacture goods in Pakistan for export purposes, citing the country’s immense resources and youth bulge.
Zhu Zhaojiang apprised the prime minister of his company’s current operations in Pakistan, global exports and the future plans to enhance investment in Pakistan.
It was told that the company had already established a mobile phone manufacturing unit in Pakistan providing employment to around 5,000 Pakistani workers. He said the company desired to expand its investment in the mobile phone industry that would also increase mobile phone export from Pakistan.
Federal ministers Ishaq Dar, Khawaja Muhammad Asif, Ahsan Iqbal, Muhammad Aurangzeb, Abdul Aleem Khan, Jam Kamal Khan, Attaullah Tarar and Minister of State Shaza Fatima Khawaj attended the meeting.
