Special Investment Facilitation Council Boosts Pakistan’s Sports Goods Exports and Global Recognition
Islamabad:The Special Investment Facilitation Council (SIFC) is playing a pivotal role in attracting both domestic and foreign investment across various sectors in Pakistan, including agriculture, livestock, information technology, mining, and energy. Through its concerted efforts, the SIFC has facilitated billions of dollars in investments within the country.
The SIFC’s initiatives are not limited to just a few sectors; its facilitation and governmental efforts are also contributing to the growth of Pakistan’s sports industry, bringing it global recognition. Under the China-Pakistan Economic Corridor (CPEC), trade relations between Pakistan and China have strengthened, leading to a significant increase in exports of sports goods from Pakistan.
In 2024, exports of Pakistani sports products to China saw a 6.68% rise, totaling $10.7 million. This growth is a reflection of the increasing global demand for Pakistani sports goods, especially in sectors like football, basketball, and volleyball, due to the expertise and skill of Pakistani manufacturers.
China has become a key market for Pakistan’s sports products, providing the country with new opportunities and enhancing its influence. The advanced technology and expansive trade network in China are bringing about a revolution in Pakistan’s sports goods industry. Popularity of basketball and volleyball is growing rapidly in Chinese schools and professional leagues, creating new avenues for Pakistani manufacturers.
As the demand for Pakistani sports products continues to rise in China, the country is also increasingly relying on Pakistan’s high-quality products for major sports events. This trust in Pakistan’s sports goods is further solidifying the nation’s position in the global market.
Through these efforts, the SIFC is not only fostering industrial growth within Pakistan but also ensuring that its sports sector is gaining significant recognition on the world stage.
