Islamabad, In a notable affirmation of Pakistan’s investor-friendly climate, Prime Minister Muhammad Shehbaz Sharif has overseen a substantial foreign investment commitment from Service Long March Tyres, which plans to inject an additional 300 billion rupees into the country.
According to Ministry of Information and Broadcasting, during a meeting in Lahore, Chairman Jin Yongsheng of Service Long March Tyres outlined the expansion plans, which include exporting tyres worth 100 million dollars from Pakistan by 2025 and creating about 1,000 jobs.
The chairman lauded the government’s policies that combat tyre smuggling and promote a conducive business environment, which have been pivotal in fostering such investments. Prime Minister Sharif emphasized the government’s commitment to further enhancing facilities for the business community and investors, signaling ongoing efforts to bolster economic growth and attract more foreign investment.