Latest news with #Made-in-Pakistan
Business Recorder
6 days ago
- Business
- Business Recorder
NLC-DP World delegation meets commerce minister
ISLAMABAD: In a major push towards boosting Pakistani exports, a delegation from NLC and DP World, led by Director General NLC met the Federal Minister for Commerce Jam Kamal Khan. Also present were Fakhr Alam, Vice Chairman DP World and CEO of Pakistan Mart project in the UAE, Rana Ihsaan Afzal, Coordinator to the Prime Minister and Muhammad Ashraf, Executive Director General from the Ministry of Commerce. The delegation unveiled a comprehensive presentation on the upcoming Pakistan Mart — a landmark commercial hub to be established near Jebel Ali, UAE. The DP World has pledged its full support by constructing this flagship project at zero construction cost for Pakistani stakeholders. The proposed Pakistan Mart will include commercial units, designed to house warehouses, retail shops, showrooms, and e-commerce fulfillment centers for Pakistani exporters and traders. It is envisioned as a one-stop marketplace to showcase Made-in-Pakistan products to Middle Eastern, African, and international buyers. Minister Jam Kamal Khan hailed the initiative as a 'transformational project' for Pakistani trade and export visibility. He emphasized the potential of sectors such as textiles, garments, surgical instruments, sports goods, food items, perishables, and nutraceuticals, noting that they are well-positioned to take advantage of this opportunity. He added that the mart must also cater to e-commerce fulfillment and logistics solutions to tap into the growing digital export market. The Commerce Minister directed all relevant departments of the Ministry of Commerce, including TDAP (Trade Development Authority of Pakistan), to urgently coordinate and support the development of this initiative. He assured the delegation of the government's full facilitation in streamlining processes and identifying export-ready enterprises to occupy the upcoming facility. The delegation of NLC and DP World urged the Ministry of Commerce to play an enabling role in selecting tenants, ensuring awareness campaigns, and supporting exporters in utilizing this golden opportunity. Pakistan Mart in UAE is poised to become a landmark step in export diversification, trade facilitation, and Pakistan's economic diplomacy in the Gulf region. Copyright Business Recorder, 2025
Business Recorder
7 days ago
- Business
- Business Recorder
DP World to build Pakistan Mart in UAE at zero cost
In a major step towards boosting Pakistani exports, a delegation from National Logistics Corporation (NLC) and DP World, a UAE-based logistics giant, unveiled plans for 'Pakistan Mart' — a dedicated commercial hub near Jebel Ali, UAE, set to showcase Made-in-Pakistan products to regional and global buyers. The delegation was led by Director General NLC, who met the Federal Minister for Commerce Jam Kamal Khan on Wednesday, read a statement on Wednesday/ Also present were Fakhr-e-Alam, Vice Chairman DP World and CEO of Pakistan Mart Project in the UAE, Rana Ihsaan Afzal, Coordinator to the Prime Minister, and Muhammad Ashraf, Executive Director General from the Ministry of Commerce. According to the statement, DP World pledged its full support by constructing this flagship project at zero construction cost for Pakistani stakeholders. UAE's AD Ports Group eyes industrial zone near Karachi, expands presence in Pakistan 'The proposed Pakistan Mart will include commercial units, designed to house warehouses, retail shops, showrooms, and e-commerce fulfilment centres for Pakistani exporters and traders,' read the statement. The mart is envisioned as a one-stop marketplace to showcase Made-in-Pakistan products to Middle Eastern, African, and international buyers. Jam Kamal hailed the initiative as a 'transformational project' for Pakistani trade and export visibility. He emphasised the potential of sectors such as textiles, garments, surgical instruments, sports goods, food items, perishables, and nutraceuticals, noting that they are well-positioned to take advantage of this opportunity. He added that the mart must also cater to e-commerce fulfilment and logistics solutions to tap into the growing digital export market. The commerce minister directed all relevant departments of the Ministry of Commerce, including the Trade Development Authority of Pakistan (TDAP), to urgently coordinate and support the development of this initiative. He assured the delegation of the government's full facilitation in streamlining processes and identifying export-ready enterprises to occupy the upcoming facility. The delegation of NLC and DP World urged the Ministry of Commerce to play an enabling role in selecting tenants, ensuring awareness campaigns, and supporting exporters in utilising this golden opportunity.
Business Recorder
05-05-2025
- Business
- Business Recorder
PCJCCI welcomes high-profile Chinese business team's visit
LAHORE: In a significant development for Pakistan-China economic relations, the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) welcomed a high-profile Chinese business delegation comprising senior representatives from over ten influential companies and institutions. The visit aimed to explore new avenues for collaboration across critical sectors including renewable energy, advanced manufacturing, industrial technology, healthcare, aerospace, real estate development, and policy innovation. The delegation, led by David Zhu, Head of the Chinese Delegation, featured notable figures such as Musar Yang of the All-China Federation of Industry and Commerce (ACFIC), and representatives from the Chamber of Commerce for High Technology Equipment Industry, Beijing Hangxing Transmission Technology Co, Ltd, and other forward-looking enterprises. Nazir Hussain, President of PCJCCI, and Zafar Iqbal, Vice President of PCJCCI, extended a warm welcome and facilitated a full-day programme of business dialogues, sectoral briefings, and B2B networking sessions. The event served as a critical platform for building trust, exchanging ideas, and identifying mutually beneficial partnerships. Brig Mansoor Saeed Sheikh (Retd) Senior Vice President PCJCCI emphasized on the importance of technology transfer as a key pillar of bilateral cooperation. China, with its global leadership in digital infrastructure, AI, green technology, and smart manufacturing, expressed willingness to share expertise and facilitate joint ventures in Pakistan. 'We envision Pakistan not only as a strategic partner but also as a hub for industrial growth and innovation,' said David Zhu. 'Through cooperative R&D, localized production, and knowledge exchange, we can elevate the capabilities of both countries and make significant contributions to the regional economy.' Nazir Hussain added, 'Pakistan offers the perfect environment for technology localization. With China's technical depth and our strategic location, we can build industries of the future from solar technology and electric vehicles to AI-powered logistics and e-commerce.' An important highlight of the meeting was China's invitation for Pakistani businesses to showcase their products in China's extensive wholesale market network, where participation is offered free of cost. These markets, supported by government-led platforms, allow international sellers to access millions of Chinese consumers and buyers without incurring the typical trade entry barriers. 'This is an unmatched opportunity for Pakistani SMEs, exporters, and manufacturers,' noted Musar Yang. 'We want to see more Made-in-Pakistan products in Chinese markets, and we're here to make that happen.' PCJCCI leadership praised this initiative as a step toward trade democratization and committed to helping local businesses register and prepare to participate in these international wholesale trade hubs. Both parties acknowledged the need for structural reforms and policy alignment to fully unlock the potential of Pakistan-China economic cooperation. Key recommendations included: Creating sector-specific working groups for renewable energy, ICT, and health tech, Simplifying cross-border regulations and customs procedures for smoother trade, establishing a joint innovation fund to support startups and co-develop technologies, setting up a bilateral business advisory council to inform future policy directions. The delegation expressed strong interest in collaborating with PCJCCI to draft reform proposals and initiate pilot programs in selected industrial zones under the CPEC framework. Zafar Iqbal, Vice President PCJCCI said that this is not just a visit it is the beginning of a new era of bilateral cooperation, together, we can foster innovation, improve trade balance, and empower our business communities with the tools they need to thrive. Copyright Business Recorder, 2025
