FCCI president calls for Chinese investment in truck assembly and manufacturing
FAISALABAD: President of the Faisalabad Chamber of Commerce and Industry (FCCI), Arif Ehsan Malik, has said that the next phase of the China-Pakistan Economic Corridor (CPEC) has entered the stage of industrial cooperation, under which the partnership between the two countries is shifting towards industrial development, technology transfer through joint ventures, and export-oriented…
President of the Faisalabad Chamber of Commerce and Industry (FCCI), Arif Ehsan Malik, has urged Chinese investment in the truck assembly and manufacturing sector. He highlighted Faisalabad's potential as an industrial hub for assembling Chinese trucks. Malik emphasized the importance of modern, cost-effective transport solutions to meet growing freight transportation needs.
He stressed the necessity of focusing on local vehicle assembly and parts manufacturing to reduce expensive imports. The Chinese delegation visited Faisalabad to explore opportunities for truck assembly and evaluate the local market potential. Malik requested FCCI members to exchange business cards with the delegation and maintain contact with focal person Salman Arif for follow-up discussions.
The Chinese head of the delegation, Li Zhong, initially intended to import trucks and offer after-sales services in Pakistan. Should the trial prove successful, the company might consider establishing a local assembly plant with Pakistani investors.
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