TECH
September 05, 2024

Chinese Group to Launch Pakistan’s First Inverter and Battery Plant

Pakistan’s First Inverter and Battery Factory: A Bold Move or Just a Promise? In a game-changing moment, Hexing Electrical Group, a major player from China, is eyeing Pakistan for its first local factory to produce inverters and batteries. This isn’t just about setting up shop; it’s about revolutionizing Pakistan’s electronics sector. But is this investment all it seems? The Problem: Can Promises Turn Into Progress? While the proposal sounds promising, it’s not without its challenges. Hexing’s Chairman, Liangzhang Zhou, and Pakistan’s Federal Minister Abdul Aleem Khan have discussed the investment, which is hailed as a boost for Pakistan’s economy. Yet, the real question is whether this promise will translate into tangible benefits or remain a grand vision. What’s at Stake? The potential factory promises new jobs, a boost in exports, and a surge in technological advancement. Minister Khan has promised full support and smooth industry transfer from China. But will these promises result in real economic growth? And can Pakistan truly offer the support needed to make this a success? The Solution: Beyond the Hype The challenge is turning this investment into reality. For Pakistan, it’s about ensuring that the promises of job creation and economic growth are more than just words. It’s about creating a robust framework to support foreign investors and transforming this investment into a lasting legacy. Final Thought: From Vision to Reality The proposal from Hexing Electrical Group is more than a potential economic boost; it’s a test of Pakistan’s commitment to turning ambition into reality. This is a chance to transform promises into progress and show the world that Pakistan is not just a place for investment but a place where dreams become real. Will Pakistan rise to the occasion and prove that it can deliver on its promises? The coming months will tell. پاکستان کی پہلی انورٹر اور بیٹری فیکٹری: ایک جرات مندانہ قدم یا محض ایک وعدہ؟ چین کی ایک بڑی کمپنی ہیگسنگ الیکٹریکل گروپ پاکستان میں اپنی پہلی مقامی فیکٹری قائم کرنے کی تیاری میں ہے، جو انورٹر اور بیٹریاں تیار کرے گی۔ یہ صرف ایک کاروبار قائم کرنے کا معاملہ نہیں ہے بلکہ پاکستان کے الیکٹرانکس سیکٹر میں انقلاب لانے کی کوشش ہے۔ لیکن کیا یہ سرمایہ کاری وہ سب کچھ ہے جو بظاہر نظر آتا ہے؟ مسئلہ: کیا وعدے حقیقت میں بدل سکتے ہیں؟ یہ منصوبہ جتنا امید افزا نظر آتا ہے، اتنے ہی چیلنجز بھی موجود ہیں۔ ہیگسنگ کے چیئرمین لیانگژانگ ژو اور پاکستان کے وفاقی وزیر عبدالعلیم خان نے اس سرمایہ کاری پر بات چیت کی ہے، جسے پاکستان کی معیشت کے لیے ایک بڑے قدم کے طور پر سراہا جا رہا ہے۔ تاہم، اصل سوال یہ ہے کہ آیا یہ وعدہ حقیقی فوائد میں بدل سکے گا یا صرف ایک بڑا وژن بن کر رہ جائے گا؟ داؤ پر کیا لگا ہے؟ ممکنہ فیکٹری سے نئی ملازمتیں، برآمدات میں اضافہ، اور ٹیکنالوجیکل ترقی کا وعدہ کیا جا رہا ہے۔ وزیر خان نے مکمل تعاون اور چین سے صنعت کی آسان منتقلی کا یقین دلایا ہے۔ لیکن کیا یہ وعدے حقیقی معاشی ترقی کا سبب بنیں گے؟ اور کیا پاکستان اس سرمایہ کاری کی کامیابی کے لیے درکار حمایت فراہم کر سکے گا؟ حل: جذبات سے آگے بڑھ کر چیلنج یہ ہے کہ اس سرمایہ کاری کو حقیقت کا روپ دینا ہے۔ پاکستان کے لیے یہ ضروری ہے کہ ملازمتیں پیدا کرنے اور معاشی ترقی کے وعدوں کو صرف الفاظ تک محدود نہ رہنے دیا جائے۔ ایک مضبوط نظام تشکیل دینا ہو گا تاکہ غیر ملکی سرمایہ کاروں کو بھرپور مدد فراہم کی جا سکے اور اس سرمایہ کاری کو ایک دیرپا وراثت میں تبدیل کیا جا سکے۔ حتمی خیال: وژن سے حقیقت تک ہیگسنگ الیکٹریکل گروپ کی یہ تجویز صرف ایک ممکنہ معاشی ترقی کا موقع نہیں ہے بلکہ یہ پاکستان کی عزم کو حقیقی بنانے کا امتحان بھی ہے۔ یہ ایک موقع ہے کہ پاکستان دنیا کو دکھا سکے کہ یہ نہ صرف سرمایہ کاری کے لیے ایک پرکشش جگہ ہے بلکہ جہاں خواب حقیقت میں بدل سکتے ہیں۔ کیا پاکستان اس موقع کا فائدہ اٹھا کر اپنے وعدے پورے کر سکے گا؟ آنے والے مہینے اس کا جواب دیں گے۔

FEATURED
November 09, 2021

Cement industry in Pakistan -Opportunities and challenges

Cement industry in Pakistan -Opportunities and challenges The cement industry is excelling in Pakistan because of its high demand. Cement consumption, as well as exports, have been rising domestically since the resumption of all the business activities that face a decline because of the coronavirus pandemic. Cement is one of the foremost significant and widely used materials to create a building or any infrastructure within the modern age. Cement is employed to create the structures of buildings, bridges, roads, etc. Thanks to the high consumption of cement every year the event is reported together with the progress also within the socio-economic growth. According to the sources, Pakistan features a well-developed and successfully running cement industry with a supply of abundant raw materials. However, Pakistan is the 14th largest cement producer worldwide and is also ranked among the highest 5 exporters of cement in the world. History of Cement Industry in Pakistan The concrete cement business of Pakistan has made considerable progress since 1947. Following Partition, the yearly creation of concrete within the nation was 300,000 tons annually, and also the complete or total installed capacity introduced a limit that was 470,000 tons for each annum. The primary concrete manufacturing plant, founded in 1921, around there, that’s presently Pakistan, was at Wah, Punjab. According to the sources, by the year 1954, it all became clear that the demand for this concrete cement was much beyond the installed capacity. However, 1 Million tons was needed for annual dealing but only over 660,000 tons were being supplied. Moreover, to cater to the production shortage, the PIDC- Pakistan Industrial Development Corporation took the initiative of expanding the production capacity within the country by taking all the measures to fulfil the desired level. Sales and Growth of Cement Industry in 2021 The cement industry in Pakistan is one of the high contributors to the general growth of the economy of the country. However, the sales of the cement industry rose as per the information shared by the APCMA- All Pakistan Cement Manufacturers Association. As per the report shared by APCMA, the cement sales in Pakistan came to a total of 5.37 Million tons in March 2021 right against the sales of 3.72 Million tons that were recorded within the same month of the previous year. The Cement Mills that are based within the Southern regions have sold around 753,704 a lot of cement within the domestic market only which is 62.28% above the sales of 464,440 tons that was recorded in March of the previous year, 2020. The cement industry is flourishing because of the high demand within the domestic markets and also the exports from the mills are recorded high. The exports within the northern region have soared at 162.58% that’s just going up right from 106,759 tons in March 2020 to the level of 280,330 tons within the March of the present year of 2021. There are many opportunities in this cement industry; however, where there are opportunities, there are challenges also. The cement Industry growth has also created many opportunities for employment within the country as thousands of individuals are working in this industry to fulfil the requirement and demand. Cement Industry Jobs in Pakistan Cement industry plants are set in many areas of the country; however, thousands of the latest openings for vacancies are opened per annum and people from different cities also apply to get the task within the growing industry. As per the reports shared by APCMA, there are currently 24 operational cement plants in Pakistan. Online job openings also are available in this industry for different cities and folks can check if they’re in search of induced employment here. List of Cement Industry in Pakistan There are about 27 integrated plants of cement in Pakistan. Many huge groups are working in this industry; however, the cement companies in Pakistan are as follows: Lucky Cement Ltd. Bestway Cement Ltd. Fauji Cement Company Ltd. Anwarzaib White Cement Ltd. DG KhanCement Attock Cement Pakistan Ltd. Fecto Cement Ltd. Dewan Cement Cherat Cement Company Ltd. Thatta Cement Company There are many other cement companies located in Pakistan that have their production plant within the country. Overall the entire industry has many challenges to face within the country and strategies are designed to resolve all the hurdles along the way. Cement industry in Pakistan- Opportunities Currently, Pakistan is experiencing the fastest-growing urbanization in Asia; however, studies have shown that quite 1/2 the population of the country lives within the cities and not within the small villages where the resources are limited. The housing schemes are announced on a continuous basis by the Prime Minister, it’s mostly for the people belonging to the socio-economic class but they’re also getting the advantage to grow. The cement industries are flourishing because of the more projects signed and built by the govt. In terms of constructing the housing societies where the cement is the most essential item to be used. Not only the housing schemes but the CPEC infrastructures have also created a large demand for cement due to its high consumption; however, this industry that’s already working as a national contributor to the economy has a bonus to grow even more. The cement manufacturers are seeing a replacement opportunity within the industry with CPEC and other ongoing projects which have already received legal approval. According to the most recent update by the official source, the cement producers of Pakistan have planned to expand the assembly capacity by over 40% that’s from 69 million tons to about 99 million tons within the upcoming years. It has been forecasted that the expansion rate will increase by 10 to fifteen by increasing sales annually. These official statements are shared by the APCMA. More production will raise the export; whereas the CPEC projects that are already installed will require the high consumption of cement. Employment is additionally expected to induce a high boost that may also affect the economy in a very positive way where many of the unemployed