Pakistan, Aug. 16 -- Prime Minister Shehbaz Sharif inaugurated a new Chinese-led Special Economic Zone on Friday. The project will attract $100 million in investment over five years. It aims to generate $400 million in exports. The zone is led by Challenge Fashion Private Limited, a Chinese garments group. The group has already invested $17 million in Pakistan since 2014.

During the launch, PM Shehbaz emphasized the zone's role in technology transfer and skill development. He urged officials to support the company fully. The prime minister reaffirmed his government's commitment to the industrial growth pillar of the China-Pakistan Economic Corridor. He praised China's expertise in the textile sector and expressed hope for more Chinese in...