The Sindh government is establishing two Special Economic Zones (SEZs) in Karachi to encourage Chinese investors to set up various industries in partnership with local businesses. This announcement was made by Syed Nasir Hussain Shah, the Provincial Minister for Energy, Planning, and Development, at the International Expo held at Expo Centre Karachi.
During his speech, Shah highlighted the growing number of industries being set up in Karachi, which is regarded as the country’s commercial hub. He attributed this surge to shifting global trade policies, particularly concerning China. As countries around the world seek to reduce direct imports from China, Shah pointed out that Chinese products may still find their way into international markets through indirect routes, with Pakistan emerging as a key intermediary.
The minister emphasized that Pakistan, in light of these developments, is poised to become a preferred destination for trade. He encouraged Pakistani businesses to partner with their Chinese counterparts, leveraging this opportunity to attract investment across various sectors and boost exports under the ‘Made-in-Pakistan’ brand.
