In connection with establishing a “Special Economic Zone” for a textile park owned by a Chinese garment company, significant road infrastructure has been completed from Lahore’s border to Kasur.

Under the road infrastructure, a 4.2-km-long road has now formally connected the main building of the Chinese textile company “Challenge Fashion (Pvt) Ltd” at Lahore’s border to the Kasur locality where Shanghai-based Chinese company has already acquired 100 acres of land to develop a Special Economic Zone (SEZ) for a textile park.

"The textile park is expected to be built within 12 months," stated an official from Challenge Fashion in an interview with Gwadar Pro. It aims to help Pakistan earn $500 million in foreign exchange and create 30,000 jobs each year.

Challenge Fashion (Pvt.) Ltd plans to invest $150 million over the next 3-5 years. If everything progresses as planned, it is expected to attract an additional investment of $100 million in supporting industries.

The garment factory official said that acquiring high-quality fabrics is a significant challenge. “Currently, more than 80% of the surface accessories are imported, which substantially hinders the company’s pace of expanding its industrial scale.

The company is developing the textile park into the most innovative and sustainable textile industry base in South Asia, showcasing China’s park design concept and construction standards to Pakistani counterparts.”

“This will promote the most efficient and environmentally friendly automated fabric production equipment and garment production systems, and spread modern production management science,” the official added.

The official also stated that the establishment of a supply chain cluster would help improve Pakistan’s labor structure and management. “We hope to demonstrate China’s industrial park standards to our Pakistani counterparts by creating a Chinese-regulated industrial park project,” the official said.

“We aim to enable Chinese enterprises interested in an overseas layout to see Pakistan’s investment potential and also provide project landing sites for SMEs so that they can fully benefit from the preferential investment policies provided by the Pakistani government,” the official asserted, Gwadar Pro reported on Wednesday.

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