SIFC Facilitates Pakistan-China Investment Agreement for World-Class Sports Footwear Manufacturing
Islamabad : A technical and investmen’t cooperation agreement was signed today at SIFC between Pakistan’s Forward Sports and China’s Zhongzi Huaxin Group for the joint production of world-class sports footwear in Pakistan.
Forward Sports is Pakistan’s leading sports goods manufacturer. In addition to producing high-quality footballs for FIFA World Cup the company also manufactures sports bags, apparel, and lifestyle footwear.
Zhongzi Huaxin Group is a diversified Chinese investment and asset management group with expertise in industrial development, footwear and apparel parks, and regional economic cooperation.
The signing ceremony organised at SIFC was attended by the Minister for Defence, Director General SIFC, Chairman of the Pakistan Regional Economic Forum, Chief Executive Officer of Zhongzi Huaxin Group, and Chief Executive Officer of Forward Sports.
By combining Pakistan’s manufacturing excellence with Chinese investment and expertise, this agreement is expected to support technology transfer, industrial development, employment generation, and export diversification, while enabling Pakistan to capture a greater share of the growing global footwear market.
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