Taiwan mulls moving textile firms to Pakistan

LAHORE: Taiwan Textile Federation President Justin Huang has conveyed his interest in relocating Taiwanese textile companies from Vietnam to Pakistan due to the favourable labour market in the country.

invest with imarat

Islamabad’s emerging city centre

Learn More

Justin cited the overcrowding of Vietnam’s manufacturing industry as the reason of his lookout for other venues.

“At present, Vietnam is crowded, which causes difficulties for Taiwanese textile firms there, such as labour shortages,” he said. “In Pakistan, however, labour issues will not emerge at least for the next 10 years and this is something attractive for us.”

While praising the government’s support for foreign investment, Justin said that Pakistan already manufactures excellent goods for home use and has the potential to make quality apparel as well.

“If things follow the right direction, we will transfer new technologies and manufacturing processes to Pakistan, which will facilitate the country in upgrading its products,” said the federation president.

“After that, Pakistan will not have to compete with China or Bangladesh on price issues and the country will be able to add value to its products.”

Textile companies based in Taiwan have already designed products for global brands like Nike and Adidas. Sixteen teams in the football World Cup 2018 used Taiwan-based fabric in their kits.

For more news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Exploring Kalabagh: The Historic City in Mianwali District

Kalabagh, a small yet historically significant town in Pakistan’s Punjab province, is located within the…

12 hours ago

Nazimabad Number 2: A Well-Known Residential Area in Karachi

Nazimabad Number 2 is a well-known neighbourhood in Karachi, Pakistan, renowned for its vibrant community,…

1 day ago

A Guide to Quetta Town in Karachi

Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…

2 days ago

Akbar Chowk Lahore: A Focal Point of Connectivity

Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…

3 days ago

A Guide to Khuda Baksh Colony Lahore

Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…

4 days ago

Gol Market Karachi: A Vibrant Commercial Hub

Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…

2 weeks ago