DPM invites to set up labour intensive industry in Pakistan

Ishaq Dar, the Foreign Minister and Deputy Prime Minister, stated on Thursday that the government’s strategy for economic reforms offers compelling incentives for investment. He urged Chinese businesspeople to take advantage of these favourable policies and establish labor-intensive industries in Pakistan.

When compared to the labour costs in China today, the labour cost is far lower and more competitive. Pakistan’s top business-friendly industries include information technology (IT), mining, textiles, and agriculture.

During the Pakistan-China Business Roundtable Conference, which was hosted by the Pakistan Embassy in Beijing, he gave this speech as the keynote speaker.

According to Ishaq Dar, the government has accelerated the creation of special economic zones and provided alluring incentives for the founding of various industrial businesses.