Prime Minister Shehbaz Sharif on Thursday underscored Pakistan’s commitment to strengthening business-to-business cooperation with China, saying the government was prioritizing measures to facilitate foreign investors through a transparent and sustainable investment framework.
The prime minister expressed these views during a meeting with a four-member delegation led by Jin Yongsheng, Chairman of Service Long March Tyres, a Prime Minister’s Office news release said.
During the meeting, the prime minister highlighted that Pakistan was working on a priority basis to expand Pakistan-China business partnerships, noting that the government firmly believed in providing a stable, transparent, and investor-friendly environment. He said the Special Investment Facilitation Council (SIFC) was actively supporting investors by ensuring streamlined procedures and institutional facilitation. Calling joint ventures like Service Long March Tyres vital for bilateral economic cooperation, the prime minister said such partnerships contribute significantly to economic growth, job creation, technology transfer, and export enhancement. The delegation briefed the prime minister on the company’s upcoming investment plans in Pakistan and shared that Service Long March Tyres remained focused on export-oriented production. According to the briefing, the company generated export revenue of $54 million during 2024-2025.
Officials also informed the meeting that the Board of Investment (BOI) had been actively facilitating the company across multiple sectors, including support for the establishment of a sole development zone in Nooriabad, Sindh, where all required facilities had been provided to advance the project’s implementation. Speaking on the occasion, Chairman Jin Yongsheng appreciated Pakistan’s investor-friendly policies and the government’s economic reforms, expressing confidence in further expansion of the company’s footprint in the country. Federal Minister for Board of Investment Qaiser Ahmed Sheikh, Minister of State for Finance and Railways Bilal Azhar Kayani, Special Assistant to the Prime Minister Haroon Akhtar, and senior officials also attended the meeting.