Hexing Electrical Group, a prominent Chinese business organization, has informed the government of its plans to enter the renewable energy sector by establishing a new industry.
The Chairman of Hexing Electrical Group highlighted that the organization operates in 90 countries with a workforce of 7,000 and has already set up factories in 20 countries. Following this model, Hexing plans to establish a factory in Pakistan as well.
CEO Xu Guoneng and Director of Sales Ma Zuoteng of Hexing Group outlined their investment plans to the federal minister during a briefing. Junaid Hussain, Director of HR Europe for Hexing Group, also provided insights into the proposed project and the group’s ongoing activities.
The minister welcomed the planned industrial transfer from China to Pakistan, describing it as a significant move.
He assured the Chinese delegation of full cooperation, emphasizing Pakistan’s commitment to supporting the investment. He also noted that the establishment of new factories would create jobs and boost exports, and that the large-scale transfer of industries from China to Pakistan would be a highly positive development.
