Chinese Ambassador to Pakistan visits the Challenge Textile Factory

Chinese Ambassador to Pakistan Mr Nong Rong visited the Challenge Textile Factory, set up with a Chinese investment of 60 million on Lahore-Multan Road near Sundar. Karen Chen, Managing Director of the company, Chinese Consulate General in Lahore and Qamar Bobby, a well-known Pakistani businessman and friend of Prime Minister Imran Khan, who has been instrumental in bringing Chinese investment to Pakistan, warmly received the Chinese Ambassador.

The company’s managing director Karen Chen briefed the Chinese Ambassador on the investment.

Talking on the occasion, Chinese Ambassador Mr Nong Rong said that Pakistan and China are not only neighbours but also brothers, and after C-Pack, Pakistan has gained historical significance, and Chinese investment will create thousands of jobs in Pakistan for the youth.

He said that more Chinese companies are ready to invest billions of dollars in various sectors in Pakistan that will improve Pakistan’s economy in the days to come, and with this export of textile products from Challenge Factory will start in Pakistan. Chinese Ambassador Mr Nong Rong visited various sections of the textile factory, especially the canteen where he was shown traditional food being provided to all workers. The Ambassador appreciated the arrangements made at the factory.

Karen Chen, Managing Director, Challenge Group, briefed the Chinese Ambassador on this investment in the textile sector, saying that this international standard textile factory has been set up on Lahore Multan Road with an initial investment of $150 million in which the employees get good salary as well as transport, food, accommodation and medical facilities free of cost.

“After the Chinese investment of $60 million, our group will invest an additional $150 million, and this company has initially employed 3,000 people, which will soon reach 5,000,” said Karen Chen. She said that in future our group intends to set up Challenge Fashion Export Park on Lahore-Kasur Road for which 88 acres of land has been purchased on which work will be started soon and construction of this fashion export park will be started. After that, 20,000 more jobs will be created in Pakistan, which will help reduce unemployment in the country.

She said that our company has started exporting its textile products to Europe and other countries. It is a state-of-the-art company of international standard.

Karen Chen told the Chinese Ambassador that the Pakistani people are very good, and they supported us at every odd, which is a clear example of Pak-China friendship. Because of the love of Pakistanis, we feel that Pakistan is our second home. There is a lot of talent that is why our organization is running well today, and only 35 people working here are from China. The rest are all Pakistanis. He said that the Pakistani government supported us for every opportunity while the business-friendly policies of PM Imran Khan’s government have led to an increase in Chinese investment in Pakistan.

Leading Pakistani businessman Qamar Bobby, who played a crucial role in bringing Chinese investment to Pakistan, said he was with Imran Khan during his visit to China and that Mr Hong, a tycoon in the Chinese textile industry and chief executive of the Challenge Group of Companies committed to set up his business in Pakistan. The PM also invited Mr Hong to visit Pakistan, and he came to Pakistan with a delegation of Chinese investors.

As a result of his trust in the policies of Imran Khan’s government, Mr Hong set up the Challenge Textile Factory in Pakistan with an initial Chinese investment of $60 million and initially employed 3,000 people. At the same time, the number has increased to five thousand.

Qamar Bobby said that the establishment of Challenge Fashion Export Park would boost the textile industry in Pakistan while more Chinese companies are ready to invest in Pakistan.Contibuted by Mazhar Iqbal

Posted in Article & Features.

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