Pakistan has invited Chinese manufacturers to establish joint ventures in dyes, chemicals, agro-chemicals, and biotechnology as part of efforts to enhance bilateral trade and industrial collaboration. PCDMA Chairman Salim Valimuhammad made the announcement at the China International Fair for Trade in Services (CIFTIS) in Beijing.

Valimuhammad emphasized the need for economic cooperation to focus on joint industrial production rather than just trade in finished goods. He highlighted that Pakistan imports over $1.5 billion in dyes and chemicals annually, with 85% from China, presenting an opportunity for local manufacturing.

He encouraged Chinese companies to invest in sectors like textile dyes, environmentally compliant chemicals, and crop-protection products. Pakistan’s agriculture sector offers vast potential, with a crop-protection market exceeding Rs100 billion. He said investment could reduce import dependence and improve access to regional markets.

Valimuhammad also mentioned the investment-friendly environment being fostered by initiatives like the Special Investment Facilitation Council (SIFC) and China-Pakistan Economic Corridor (CPEC) special economic zones. He invited Chinese firms to partner with PCDMA for joint ventures, technology transfers, and access to Pakistani industrial buyers, highlighting a recent memorandum of understanding signed with SIEM and CCPIT. Plants, technology-transfer partnerships and investment linkages between Chinese companies and Pakistani businesses.

He said PCDMA had already signed a memorandum of understanding with SIEM and CCPIT at China InterDye 2026 in Shanghai and was now offering Chinese investors access to potential Pakistani partners and industrial buyers through its membership network.