Chinese firm announces US $120 million additional investment in Pakistan’s tyre sector

By Shafqat Ali

Service Long March Tyres (Private) Limited on Thursday announced an additional investment of $120 million, reflecting growing international confidence in Pakistan’s manufacturing capacity and export potential.

The announcement was made during a high-level meeting between Federal Minister for Commerce Jam Kamal Khan and a Chinese delegation led by company chairman Jin Yongsheng.

During the meeting, Jam Kamal Khan reiterated the government’s commitment to supporting high-performing industrial sectors and facilitating investment-friendly policies. The Chinese delegation praised the success of bilateral industrial cooperation, calling it a key driver behind the rapid growth of Pakistan’s tyre industry.

The company’s manufacturing plant in Nooriabad was highlighted as a model facility, employing around 2,000 workers and integrating renewable energy solutions into its operations.

Both sides agreed to strengthen public-private collaboration to further accelerate industrial development. The meeting concluded with a shared resolve to ensure policy continuity, attract greater investment, and position Pakistan as a competitive manufacturing hub in emerging industries.

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