Pakistan, Aug. 15 -- Prime Minister Shehbaz Sharif on Friday broke ground on a Special Economic Zone (SEZ) to be developed by Chinese garments giant Challenge Fashion Private Limited, marking a $100 million investment over the next five years. The project aims to boost Pakistan's textile sector through technology transfer, skill development, and modern industrial practices while significantly increasing the country's export potential. Officials expect the SEZ to generate $400 million in exports once fully operational.

Before the ceremony, the prime minister met a delegation led by Challenge Group Chairman Huwang Weiguo and welcomed the company's decision to expand its presence in Pakistan. Since 2014, the group has already invested $17 m...