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Leather Industry: Go To Pakistan To Open A Leather Factory.

2015/5/28 22:03:00 79

LeatherPakistanLeather Factory

Tanneries in China are experiencing double-layer pains of increasing environmental pressure, upgrading equipment and increasing labor costs. Tanneries of many tannery parks in Pingyu and Xinji are shut down before reaching environmental protection standards.

It is an option to migrate to the economically underdeveloped areas in China, such as the tannery Park in Fuxin, but under the continuous high pressure of domestic environmental protection and the rising labor cost, it is only a temporary plan.

Along the way, the construction of the maritime Silk Road provides a new opportunity for the leather industry. Is it feasible to export the capital to Pakistan for tanneries?

In March 28th of this year, China's national development and Reform Commission, the Ministry of foreign affairs and the Ministry of Commerce jointly issued the vision and action to promote the construction of the Silk Road Economic Belt and the maritime Silk Road in twenty-first Century. In April 20th, Chinese President Xi Jinping's first visit after the official launch of the "one belt and one road" plan was aimed at an important friendly neighbor, Pakistan.

"Pakistan, as an important neighbouring country, has undertaken the flagship project, including the Sino Pakistani economic corridor, along the way.

The Silk Road

An important country. "

According to the Wall Street journal, the two sides are expected to sign a cooperation agreement worth 46 billion US dollars. It may be China's largest single investment overseas. The China Brazil economic corridor will become a pilot project of "one belt and one road".

In last year's

Pakistan

On the investment forum, Pakistan ambassador to China Masood Khalid tried to convey a message to Chinese investors: Pakistan is an ideal destination for China's overseas investment.

"Pakistan has a huge consumer population and its unique geographical location makes it an ideal destination for p regional trade and investment."

Khaled suggests China

Investor

We are concerned about investment opportunities in textiles, agriculture, leather, stone, minerals, fisheries, fruit, dairy products and oil and gas industries in Pakistan.

"Enterprises that are losing competitiveness in China are Pakistan's ideal destination for overseas investment and pfer.

Their entire factory in China can move to Pakistan. "

Barber Amin, Consul General of the Consulate General of Pakistan in Guangzhou, for example, said that the textile and leather industry is the traditional dominant industry in Pakistan. In fact, most of the Levi's jeans are produced in Pakistan.

Pakistan has abundant natural leather raw materials, which provides excellent resources advantages for the development of leather industry. The government of Pakistan attaches great importance to leather industry, making the Ba leather industry make great contributions to the development of its own economy every year.

However, its leather products account for only 0.76% of the international leather market share and are in an extremely awkward position compared with China's 37.5% market share.

In recent years, the export of leather industry in Pakistan has dropped from US $1 billion 220 million in Fiscal Year 2007-2008 to US $1 billion 48 million in fiscal year 2012-2013, and the export value has decreased by 14%.

Due to long-term energy crisis, export wet blue and lack of government subsidies and policy support, leather leather industry exports have been declining.


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