Chinese furniture makers to participate ‘Interiors Pakistan exhibition’
ISLAMABAD: A large number of Chinese furniture manufacturers and investors would participate in ‘10th Pakistan Interiors 2018 Exhibitions in order to explore the trade and investment potential in this sector, as well as further promote the bilateral trade between both the countries.
The participation of the Chines furniture makes in the mega event would also help in benefiting both the countries from each others experiences and technology transfer and discussing ways and means setting up joint ventures in special economic zones being established under CPEC.
The three-day 10th mega exhibition to be organized by Pakistan Furniture Council (PFC) from December 14 at Expo Center Lahore which, is likely to attend by a large number of local and international furniture manufactures.
In a message received here Thursday from Shanghai China, Chief Executive of PFC Mian Kashif Ashfaq said there was a vast scope for further enhancement of bilateral trade between Pakistan and China in furniture sector and private sector of two countries can establish joint ventures in the neglected areas for investment.
He said the PFC visit to China along with Prime Minister Imran Khan’s entourage was a big success and their interactions with their counterparts would be proved fruitful in coming days as both sides agreed to cooperate with each other for holding joint mega furniture exhibitions not only in respective countries but also in different other countries.
He said the Chinese furniture makers and investors praised the quality of Pakistani furniture with calligraphic engravings and admitted the fact that furniture items produced in Pakistan have great demand in international markets.
They offered huge trade opportunities to Pakistani business community in furniture sector and invited Pak counterparts to visit China to tap all untapped areas of promoting trade and exports.
Mian Kashif said the purpose of their visit to China was to share experiences and exchange views with local business community and explore new opportunities of match makings with their counterparts.
He said many Chinese investors were expected to set up industrial units in Pakistan under CPEC and they should give preference to local people in jobs that would help in reducing unemployment and poverty from the country.
He further said both the countries share a border and have a collective population of more than 1.5 billion, but the trade activity between the two countries still needs a boost.
Talking about Pakistani furniture, he expressed that China may have a better market for high-quality furniture goods produced in Pakistan.
He said Pakistan exports furniture products of worth $8 million to $12 million annually, but these figures do not mirror the actual potential of the industry and its capacity to produce high-quality furniture items.
He said Pakistan was providing easy access to Chinese companies in its market and China should reciprocate similar facility to Pakistani business community besides this, China should also bring technology and set up industrial units in Pakistan.