China’s Hebei Juhang Energy Technology Group has announced plans to invest billions of dollars in Pakistan by establishing a large-scale solar panel manufacturing plant. The project aims to meet growing local demand for solar energy and to create opportunities for exports.
The company’s delegation recently met with Pakistan’s Board of Investment (BOI) to discuss the project. During the meeting, BOI officials offered 6,000 acres of land for the plant and highlighted the country’s new business-friendly reforms, designed to encourage foreign investment. The talks reflect Pakistan’s ongoing efforts to attract international investors, especially in the renewable energy sector.
This investment is significant for Pakistan as the country is actively promoting green energy to reduce reliance on fossil fuels and ensure sustainable development. Officials believe the plant will help strengthen the economy, create jobs, and support Pakistan’s long-term energy security.
Hebei Juhang Energy is a major player in the solar industry in China, with experience in manufacturing advanced solar panels and exporting to international markets. The establishment of the plant in Pakistan could make the country a regional hub for solar energy production, increasing both industrial capacity and technological expertise.
The project also follows earlier China-Pakistan investment agreements worth billions of dollars in sectors such as energy, infrastructure, and technology. Analysts say this move reinforces the strong economic partnership between the two countries while contributing to Pakistan’s clean energy goals.
If completed successfully, the solar panel plant will be a milestone in Pakistan’s renewable energy journey, providing affordable and sustainable energy solutions while boosting the industrial sector.
