Punjab is preparing to undergo a game-changing development in its textile industry as one of the world’s giants of China has signed an MoU to establish Pakistan’s largest and most modern textile unit. The $150 million project will be established on a 100-acre special economic zone, producing as much as 8 million garments per month utilizing 6 million meters of locally produced fabric. These items will be shipped abroad to leading American brands, and yearly export revenues are anticipated to exceed $100 million.
The program will generate 18,000 employment opportunities in eight months and 25,000 in five years. During a meeting with Punjab Chief Minister Maryam Nawaz Sharif and Chinese Consul General Zhao Shiren, Challenge Group Chairman Wego Hong welcomed the business-friendly culture of Punjab and announced plans to introduce textile machinery and technology more sophisticated than China’s.
Maryam Nawaz announced that the province wants to relocate big Chinese garment operations to Punjab, create a world-class garment city, and facilitate sustainable innovations such as recycling plastic waste to produce high-performance fabrics. She emphasized investment in youth skills under TEVTA to address industry demands.
Through this collaboration, Punjab is not merely drawing foreign investment, it’s becoming a regional textile powerhouse poised to compete on the international level.
Read more: Pakistan and China Begin Second CPEC Phase