Chinese Firm Eyes Multi-Billion Dollar Investment in Pakistan’s Solar & High-Tech Sectors

Islamabad — Federal Minister for the Board of Investment (BOI) Qaiser Ahmed Sheikh held a high-level meeting with a delegation from China’s Hebei Juhang Energy Technology Group Co., Ltd., led by Chairman Wang Jianbin and accompanied by representatives of the China–Pakistan Business Forum. Senior BOI officials, including Additional Secretaries Zulfiqar Ali and Madam Erfa, and Director General (Policy Reforms) Mehmood Tufail, also attended the meeting.

The Chinese delegation expressed strong interest in investing billions of dollars in Pakistan’s solar energy and high-tech manufacturing sectors. Their proposal includes establishing a large-scale solar panel manufacturing plant to meet domestic demand and tap into export markets.

Welcoming the proposal, Minister Qaiser Ahmed Sheikh said this is a “great time and a golden opportunity for investment in Pakistan,” highlighting the government’s commitment to improving the business climate. He referenced reforms introduced by the Prime Minister, including the new single-window BFC process to facilitate investors.

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As part of the investment incentives, BOI offered the delegation 6,000 acres of land and briefed them on Special Economic Zones (SEZs), which provide attractive benefits such as zero income tax for the first 10 years.

The Minister noted Pakistan’s ongoing economic stabilization, pointing to a nearly four- to five-fold increase in the stock market index over the past year. He emphasized strong investment potential in agriculture, solar energy, information technology, chemicals, and manufacturing.

The meeting also reviewed the outcomes of the second Pakistan-China B2B Investment Conference held in Beijing in September 2025, where agreements and joint ventures worth USD 8.5 billion were finalized across multiple priority sectors.

Concluding the meeting, Minister Qaiser Ahmed Sheikh reaffirmed BOI’s commitment to facilitating Chinese investors and called for fast-track preparation of feasibility studies and joint-venture agreements. He said Pakistan remains a strategic partner, welcoming high-quality green-tech investments that will create jobs and support sustainable economic growth.