Ban on imports bearing fruits, Chinese Investors making tile factories in Pakistan

[Shahzaz ud din]

Ban on imports bearing fruits, Chinese Investors making tile factories in Pakistan.

https://www.facebook.com/

 

[Mrc]

Ban on imports bearing fruits, Chinese Investors making tile factories in Pakistan.

https://www.facebook.com/

We need to invite more Chinese entrepreneurs to pak . We need desperately to diversify our exports

 

[313ghazi]

Great steps. Each company, each factory will slowly push us towards economic growth.

 

[Hakikat ve Hikmet]

That's the way to go!!! Fully leverage the "Factory of the World", which happens to be located next door....

 

[zain41]

all is good as long as they dont outsource their labor as well and give the locals jobs

 

[Samlee]

Excellent News

 

[FuturePAF]

Even though it will take time to coordinate between Chinese companies and Pakistan companies; China should recommend its companies outsource to Pakistan over countries like Vietnam, so a Strong Pakistan is able to be a strong ally to China. If Pakistan is strong economically, it can afford to buy the arms it needs from China, and move up the value added chain in terms of products it will buy from China to continue developing itself. Its a Virtuous cycle.

 

[Bilal9]

all is good as long as they dont outsource their labor as well and give the locals jobs

While your intention is good - tile factories aren't terribly labor intensive. Amount of labor component for local value addition is not very high. Dinnerware and sanitaryware (commodes, sinks, bathtubs) have far higher value addition using local labor for adjacent wholesale export markets like Dubai and other Middle East areas.

 

[ps3linux]

There is the other side, the machinery will be imported via LC from china through "Forex"

Raw material mostly will be imported from China via LC from china through "Forex"

Repatriation of profit will be allowed, on the front page of B.R there is a news item with caption "Repatriation of profit exceeds FDI" unlike rest of the financial experts I abhor FDI this is a long term loss to Pakistan, unless we have restrictive agreement like 50% of the profit should be spend in Pakistan, CSR fund, R&D fund, etc but knowing Pakistani politicians and bureaucrats I don't think they have that kind of vision.

Better option is to setup a Govt institute where they train and motivate designers and entrepreneurs in this area, the machinery is not very expensive; once a friend of mine offered 3 years old italian machinery for tile manufacturing it was under 100,000 euros. Production capacity was enormous and it was modular and flexible in terms of tile size.

Govt has taken a positive step in training freelancers and as the stats come our freelancing led revenue is growing exponentially, same model could be replicated here.

 

[BringHarmony]

There is the other side, the machinery will be imported via LC from china through "Forex"

Raw material mostly will be imported from China via LC from china through "Forex"

Repatriation of profit will be allowed, on the front page of B.R there is a news item with caption "Repatriation of profit exceeds FDI" unlike rest of the financial experts I abhor FDI this is a long term loss to Pakistan, unless we have restrictive agreement like 50% of the profit should be spend in Pakistan, CSR fund, R&D fund, etc but knowing Pakistani politicians and bureaucrats I don't think they have that kind of vision.

Better option is to setup a Govt institute where they train and motivate designers and entrepreneurs in this area, the machinery is not very expensive; once a friend of mine offered 3 years old italian machinery for tile manufacturing it was under 100,000 euros. Production capacity was enormous and it was modular and flexible in terms of tile size.

Govt has taken a positive step in training freelancers and as the stats come our freelancing led revenue is growing exponentially, same model could be replicated here.

Look at the bright side... Atleast people will get employment.

 

[Yaseen1]

Chinese appoint chinese nationals at top positions in their companies in Pakistan and most of Pakistanis do lower level jobs so we must promote our own investors and overseas Pakistanis for developing new industries

 

[BringHarmony]

Chinese appoint chinese nationals at top positions in their companies in Pakistan and most of Pakistanis do lower level jobs so we must promote our own investors and overseas Pakistanis for developing new industries

If that was possible, wouldn't it have happened by now?

 

[maximuswarrior]

all is good as long as they dont outsource their labor as well and give the locals jobs

Make your workforce competent. Educate and train them. Use Chinese expertise to learn.

 

[Yaseen1]

If that was possible, wouldn't it have happened by now?

Western companies branches pay higher wages and provide more benefits than chinese companies and working environment is also better in u.s and european companies

 

[BringHarmony]

Western companies branches pay higher wages and provide more benefits than chinese companies and working environment is also better in u.s and european companies

Thats true, but then western companies are not investing in Pakistan as much as China does, isn't it?