A Chinese company Transsion Holdings has shown a strong interest in investing in the manufacturing of mobile phones, electric bikes, modern agriculture, and fintech in Pakistan. This interest was conveyed by Zhu Zhaojiang, the founder and Chairman of Transsion Holdings, during a meeting with Prime Minister Shehbaz Sharif in Shenzhen.
Prime Minister Sharif instructed the Federal Ministers and Pakistan’s Ambassador to China to collaborate with Transsion Holdings to develop a strategy soon. He emphasized that the government is committed to providing facilities for foreign investors and businesses. Sharif invited Transsion Holdings to produce goods locally in Pakistan and export them internationally, highlighting Pakistan’s abundant resources and its young, capable workforce as the nation’s greatest strength.
Chairman Zhu informed the Prime Minister that Transsion Holdings has already set up a mobile phone production unit in Pakistan, which has created jobs for over five thousand Pakistanis. He expressed the company’s keen interest in further expanding its mobile phone investment in Pakistan, which will enhance the country’s export capacity.
