Pakistani Furniture Manufacturers Join Hands with Chinese Cos for Joint Venture, Tech Transfer

Pakistan Furniture Council (PFC) has inked three Memorandums of Under­standing (MoUs) with Chinese companies. The MoUs were signed for the consultations in the furniture sector, transfer of modern technology and machines and joint ventures for opening Pakistan-made traditional furniture outlets in China and other countries. PFC Chief Executive Mian Kashif Ashfaq said China was interested in enhancing furniture business with local furniture producers, undertaking joint-venture projects either in China or Pakistan and sharing technology with Pakistan. ALSO READ PM Imran to Focus on Transfer of Technology & Investment During Visit to China He said the purpose of signing these MoUs is to enhance collaboration between the businessmen of the two countries to design fabulous and cost and quality efficient furniture items to compete in the international market. The MoUs also aims to pave the way for improved trade ties between business communities of both the countries. He said PFC in collaboration with Chinese furniture manufacturers, producers would organise training workshops in Pakistan for practical demonstration to enhance capacity and improve furniture quality. ALSO READ UK-Pakistan CCI to Organize “Made in Pakistan” Expo in Britain He further said the PFC is working on a plan to set up common display centres and model units, with the help of China, Turkey and Italy, for encouraging small producers to adopt new technologies and boost their local and foreign sales. Cottage industry is the biggest source of employment in rural areas of the country. It’s essential to promote the skill and craft of our workers and provide them with more opportunities for earning their livelihood, he added. He further stated that there is a dire need to expand the capacity of local manufacturers so that they can handle large export orders and line up to compete with their competitors at international markets.