Chinese enterprise Service Long March Tyres (Private) Limited has announced an additional investment of US $120 million, signalling growing international trust in the country’s manufacturing and export potential.

The announcement came during a high-level meeting between Federal Minister for Commerce Jam Kamal Khan and a visiting Chinese delegation led by company chairman Jin Yongsheng.

According to a Gwadar Pro's report, Minister Jam Kamal Khan reaffirmed the government’s commitment to facilitating high-performing sectors.

The Chinese delegation highlighted the success of bilateral industrial cooperation, describing it as a cornerstone of the tyre sector’s rapid growth.

The company’s manufacturing facility in Nooriabad was cited as a model industrial unit, employing approximately 2,000 workers and incorporating renewable energy solutions.

Both sides agreed on enhancing public-private collaboration to accelerate industrial expansion.

The meeting concluded with a shared commitment to policy stability, increased investment, and positioning Pakistan as a competitive manufacturing hub in emerging sectors.

Credit: Independent News Pakistan (INP) — Pak-China