
Finance Minister Muhammad Aurangzeb has held a meeting with Founder and Chairman of Transsion Holdings, George Zhu to discuss investment opportunities, local manufacturing and enhancement of Pakistan's export potential.
During the meeting in Islamabad today, the Finance Minister welcomed the company's continued investment and interest in expanding its operations in Pakistan.
The company briefed the Finance Minister on its presence in the country in the smartphone, electric bike and energy storage sectors, along with its future investment and business expansion plans.
The discussions focused on strengthening local manufacturing, promoting localization and developing supporting industries and local supply chains.
The company also highlighted opportunities to move beyond assembly operations towards greater value addition and component manufacturing, creating new opportunities for local businesses.
Muhammad Aurangzeb said sustained macroeconomic stability provides a strong foundation for investor confidence and long-term business planning.
He reaffirmed the government's commitment to continuing the reform process and emphasised the importance of export-oriented growth, value addition and integration into global supply chains to enhance Pakistan's competitiveness.
The meeting also discussed the potential to position Pakistan as a manufacturing and export hub, with the company describing the country as a strategic market because of 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 and enhancing Pakistan's potential as an export base.