ISLAMABAD, August 15, 2025 — Prime Minister Shehbaz Sharif inaugurated a Special Economic Zone established by Challenge Fashion Private Limited, a Chinese garments group, committing $100 million in investment over the next five years. The project is forecasted to generate $400 million in exports.
The Chairman of the group, Huwang Weiguo, who led the visiting delegation, highlighted the zone’s potential in fostering technology transfer, skills development, and sustainable industrial growth.
Shehbaz Sharif directed that all necessary facilitation be provided to Challenge Fashion, underscoring the government’s commitment to enhancing the industrial component of the China–Pakistan Economic Corridor (CPEC) and leveraging China’s expertise in the textile sector.
Pointing to the long-standing Pakistan–China friendship, the prime minister welcomed the Chinese collaboration and announced plans for a China-Pakistan Business-to-Business Conference in China aimed at deepening private-sector ties.
The announcement was supported by key federal ministers, including Ahsan Iqbal, Jam Kamal, Attaullah Tarar, Ali Pervez Malik, Sardar Awais Ahmad Leghari, and special assistant Tariq Fatemi.
