Pakistan-China deal eyes bigger slice of global footwear trade
MG News | August 07, 2026 at 09:19 AM GMT+05:00
August 07, 2026 (MLN): Pakistan and China moved
to deepen industrial cooperation as Forward Sports and Zhongzi Huaxin Group
signed a technical and investment cooperation agreement for the joint
production of world-class sports footwear in Pakistan.
The agreement is expected to support technology
transfer, industrial development, employment generation, and export
diversification, positioning Pakistan to capture a larger share of the growing
global footwear market, said a press release issued.
The signing ceremony was held at the Special Investment
Facilitation Council (SIFC) and was attended by the Minister for Defence, the
Director General of SIFC, the Chairman of the Pakistan Regional Economic Forum,
and the Chief Executives of both Forward Sports and Zhongzi Huaxin Group.
Forward Sports is Pakistan's leading sports goods
manufacturer, best known for producing footballs used at the FIFA World Cup,
alongside sports bags, apparel, and lifestyle footwear.
Zhongzi Huaxin Group is a diversified Chinese investment
and asset management group with expertise in industrial development, footwear
and apparel parks, and regional economic cooperation.
The partnership brings together Pakistan's manufacturing
strength with Chinese capital and expertise, laying the groundwork for a
stronger footwear export base in the country.
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