CHINESE INVESTORS INTEREST IN PAKISTAN TEXTILE INDUSTRY GROWING
December 1st, 2019
PAKISTAN’s clothing and textile sector hopes that 2020 will be a big year for Chinese investment – as Chinese companies look to move production to outsourcing centres, such as Pakistan, that have lower labour costs than China, but nonetheless a skilled workforce, and government incentives through reduced taxes and duties.
“The interest of Chinese investors in the textile/garments segment has increased many-fold in Pakistan’s Punjab province [a major clothing and textile manufacturing hub],” said Sharqui Tipu, additional director for exhibitions and ...
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