• $100 million project is expected to generate $400m in exports
• Premier seeks to strengthen bilateral ties with Bangladesh
• Orders swift completion of delayed IT park

ISLAMABAD: Prime Min­ister Shehbaz Sharif on Friday laun­ched a Chinese-led Spe­cial Eco­n­omic Zone expected to draw $100 million in investment over five years and generate $400 million in exports, and he also met the Bang­la­d­e­shi high commissioner to push for stronger bilateral ties.

The zone will be established by the Chinese garments group “Cha­­llenge Fa­­shion Private Lim­ited” that has already invested $17 million in Pakistan since 2014.

Meeting with a company delegation led by Chairman Huwang Weiguo, PM Shehbaz welcomed the new zone, saying it would facilitate technology transfer, skill development, and sustainable industrial growth.

He directed officials to provide all possible facilities to the business company, reiterating his government’s commitment to the industrial co­­m­ponent of the........

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