Islamabad (TDI): A major Chinese business group has expressed interest in establishing a large-scale solar panel manufacturing plant in Pakistan, signaling renewed investor confidence in the country’s renewable energy sector.
The initiative is designed to meet rising domestic demand and help Pakistan emerge as a regional export hub for green-energy products, further underscoring China’s growing role in supporting Pakistan’s high-tech and clean-energy development.
The announcement came during a meeting in Islamabad on Tuesday between a Chinese delegation led by Group Chairman Wang Jianbin and Pakistan’s Minister for the Board of Investment (BoI), Qaiser Ahmed Sheikh.
The delegation, accompanied by members of the China-Pakistan Business Forum, shared plans to invest billions of dollars in Pakistan’s solar energy and other high-tech sectors.
Minister Qaiser Sheikh welcomed the proposal, calling it “a great time and a golden opportunity for investment in Pakistan,” citing recent reforms such as the launch of a single-window Business Facilitation Centre to streamline approvals.
As part of its investment facilitation package, the BoI informed the Chinese group that the government is prepared to allocate 6,000 acres of land for the project.
Qaiser Sheikh also briefed the delegation on the benefits of Pakistan’s Special Economic Zones (SEZs), which offer incentives including a 10-year income tax holiday.
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Minister Sheikh highlighted that Pakistan’s economy is gradually stabilizing, noting that the stock market has surged almost four to five times over the past year.
He said that agriculture, solar power, IT, chemicals, and manufacturing are among the sectors offering strong growth and export prospects for international investors.
The discussion also covered the results of the second Pakistan-China B2B Investment Conference held in Beijing in September, which led to $8.5 billion worth in agreements and joint ventures across key priority areas.
Reaffirming the government’s support, the minister assured the delegation that the Board of Investment is committed to facilitating Chinese companies and urged faster progress on feasibility assessments and joint-venture plans.
Minister Sheikh reaffirmed Pakistan’s commitment to facilitating Chinese investors and called for swift progress on feasibility studies and joint-venture partnerships.
He stressed that Pakistan values its strategic economic partnership with China and welcomes high-quality green-tech investments that can create jobs and support sustainable, long-term growth.
Minahil Khurshid holds a Master's in Peace and Conflict Studies from NUST. She is passionate about current affairs, public policy, and geopolitics.
