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Pakistan Courts New Investment in Meetings With Service Long March Tyres and VEON

The outreach signals a one-window facilitation push through SIFC and the BOI.

Overview

  • Prime Minister Shehbaz Sharif met Thursday with a Service Long March Tyres delegation and a separate VEON team to discuss new projects and capital.
  • He reaffirmed a transparent, facility-based setup run through the Special Investment Facilitation Council to speed approvals and grow jobs and exports.
  • Officials said the Board of Investment is assisting the tyre venture, including support for a planned development zone in Nooriabad, Sindh.
  • The Chinese joint venture told the prime minister it stays export-focused and reported $54 million in exports in 2024–25, with further expansion plans still in the briefing stage.
  • In digital talks, Sharif pledged full support to VEON and pointed to a recent 5G spectrum auction as a signal to telecom and tech investors.