Categories: Business

Pakistan, China Sign Landmark MoU to Introduce Pyrolysis Technology in Karachi

Business Reporter

Beijing: Beijing hosted a key milestone in Pakistan-China industrial cooperation as Jiangsu Yuyu Investment Co., Ltd. (China) and Chaudhary Shafiq Manufacturing Pvt. Ltd. (Pakistan) signed a landmark Memorandum of Understanding (MoU) to establish Low Temperature Anaerobic Pyrolysis Technology in Karachi. The MoU was inked during the 2nd Pakistan-China B2B Investment Conference, attended by a high-level delegation led by Prime Minister Mian Muhammad Shehbaz Sharif, reaffirming the government’s commitment to sustainable industrial partnerships.

Transforming Waste into Renewable Energy

The collaboration introduces advanced pyrolysis technology in Pakistan, enabling waste-to-energy conversion to reduce environmental pollution, promote circular waste management, contribute to carbon reduction goals, and create new opportunities in clean energy. This initiative supports Pakistan’s sustainable development agenda while fostering industrial modernization.

Leaders Reaffirm Commitment to Green Growth

Speaking at the ceremony, Mr. Luo Peng, CEO of Jiangsu Yuyu Investment, underlined China’s determination to share green technologies with Pakistan to strengthen environmental sustainability. Meanwhile, Mr. Muhammad Kashif Shaikh, CEO of Chaudhary Shafiq Manufacturing, stressed that the project would boost Pakistan’s renewable energy sector and further deepen bilateral trade and investment ties with China.

Strengthening Pakistan-China Industrial Future

The agreement sets a new milestone in Pakistan-China cooperation, aligning Chinese innovation with Pakistan’s industrial progress and paving the way toward a cleaner and greener future.

WebDesk

Recent Posts

Islamabad MoU: Iran’s President Pezeshkian arrives in Islamabad for high-level talks

Iran’s President Masoud Pezeshkian arrived in Islamabad on Tuesday on an official visit, leading a…

14 hours ago

MQM delegation to meet Shehbaz Sharif over budget, Karachi and constitutional demands

The MQM delegation of Muttahida Qaumi Movement Pakistan is set to meet Prime Minister Shehbaz…

17 hours ago

Gul Plaza: Karachi police names union leaders in fire case challan

Investigators allege negligence by union office-bearers as prosecution returns challan with objections amid ongoing legal…

17 hours ago

Ali Gul Pir: Ali Gul Pir welcomes baby boy as he celebrates first Father’s Day

The Ali Gul Pir has entered a new chapter of life after announcing the birth…

17 hours ago

Singapore inflation: Singapore inflation holds steady at 1.8% as telecom price drops offset cost pressures

Singapore inflation remained unchanged at 1.8% in May, surprising economists as falling telecommunication service costs…

17 hours ago

Honor X80 Pro Max: Honor X80 Pro Max debuts with massive 11,000mAh battery and flagship display

The Honor X80 Pro Max has taken the smartphone market by surprise after its launch…

17 hours ago

This website uses cookies.