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Reading: PM Shehbaz Sharif Discusses Expansion Plans with Transsion Holdings in Shenzhen
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Transsion Holdings Pakistan investment
PhotoNews Pakistan > Pakistan > PM Shehbaz Sharif Discusses Expansion Plans with Transsion Holdings in Shenzhen
Pakistan

PM Shehbaz Sharif Discusses Expansion Plans with Transsion Holdings in Shenzhen

Web Desk
By Web Desk Published June 5, 2024 1 Min Read
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Prime Minister Shehbaz Sharif. Photo: @Anayahere8 (X)
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Prime Minister Shehbaz Sharif met Zhu Zhejiang, founder of Transsion Holdings, in Shenzhen on Wednesday.

The meeting focused on potential investments in Pakistan, particularly mobile manufacturing, electric bikes, modern agriculture, and fintech.

Prime Minister Sharif emphasized Pakistan’s commitment to facilitating foreign investors. He encouraged Transsion to manufacture and export products from Pakistan.

Shenzhen: Prime Minister Muhammad Shehbaz Sharif visits Nanshan One-Stop Services for Establishment of Enterprises and
Shenzhen Exhibition Museum.

🇵🇰 🇨🇳#PMShehbazInChina pic.twitter.com/K4r9svBtkN

— PMLN (@pmln_org) June 5, 2024

Zhu briefed the Prime Minister on Transsion’s operations in Pakistan, global exports, and future investment plans. He mentioned that Transsion’s existing unit in Pakistan employs over 5,000 people daily.

"We appreciate Chinese President Xi Jinping’s dynamic and visionary leadership which elevated his country to become the second-largest economy and military power within a short span of time."

~ Prime Minister Muhammad Shehbaz Sharif while addressing at Pakistan China Business… pic.twitter.com/PJVRR2PXE2

— Government of Pakistan (@GovtofPakistan) June 5, 2024

Transsion wants to expand its mobile phone production in Pakistan to boost exports.

Federal ministers, including Ishaq Dar and Khawaja Asif, and leaders from Pakistan’s mobile phone industry, such as Inovi Telecom CEO Zeeshan Mianoor, attended the meeting.

"We will follow China’s model of great economic transformation in Pakistan. This model is enough to copy and simulate if we are sincere to our purpose and people, this is difficult but not impossible.”

~ Prime Minister Muhammad Shehbaz Sharif while addressing at Pakistan China… pic.twitter.com/eJAre2UgfL

— Government of Pakistan (@GovtofPakistan) June 5, 2024

Their presence highlighted efforts to grow Pakistan’s mobile phone industry and increase local manufacturing and exports with China’s support.

TAGGED:FeaturedPak­istan
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