Islamabad: Finance Minister Muhammad Aurangzeb held a meeting with George Zhu, Founder and Chairman of Transsion Holdings, to explore investment opportunities and strategies to enhance Pakistan’s export potential through local manufacturing and business expansion.

According to Radio Pakistan, the meeting, which took place in Islamabad, saw the Finance Minister welcoming Transsion Holdings’ ongoing investment and interest in expanding its operations within Pakistan. The company, which is active in the smartphone, electric bike, and energy storage sectors, briefed the Finance Minister on its presence and future plans for investment and business expansion in the country.

Discussions centered on strengthening local manufacturing, promoting localization, and developing supporting industries and local supply chains. Transsion Holdings highlighted opportunities to move beyond mere assembly operations towards greater value addition and component manufacturing, which could create new opportunities for local businesses.

Finance Minister Aurangzeb emphasized that sustained macroeconomic stability is a strong foundation for investor confidence and long-term business planning. He reaffirmed the government’s commitment to continuing the reform process, stressing the importance of export-oriented growth, value addition, and integration into global supply chains to boost Pakistan’s competitiveness.

The potential to position Pakistan as a manufacturing and export hub was also discussed, with Transsion Holdings describing the country as a strategic market due to its sizeable consumer base, geographic location, and business environment. The Finance Minister encouraged continued engagement between Transsion Holdings and relevant government institutions to explore further investment and business expansion opportunities. Both sides expressed interest in strengthening cooperation to enhance Pakistan’s potential as an export base.