Islamabad, Oct 13 (INP): DELI-JW Glassware Co. Ltd’s first furnace was successfully ignited, marking the official start of production of this China-Pakistan joint venture.
Deli-JW is a notable joint venture between DELI Glass, a leading glassware manufacturing company and the first listed company for daily glassware in China, and JW SEZ, one of the largest conglomerates in Pakistan.
In 2018, Deli Glass entered into a partnership with JW SEZ with the vision of establishing a state-of-the-art glassware production base in Pakistan.
With a total investment of RMB 430 million, the joint venture covers an area of 150,000 square meters and provides 500 jobs, including 80 Chinese employees currently.
The company has a production capacity of 130 tons of glassware per day and a monthly output value of RMB 26 million, with an initial product category of up to 30 types and 280 products in total.
This can not only serve Pakistan’s domestic demand, but also has huge potential in terms of export.
Asad Rehman Gillani, Federal Secretary, Government of Pakistan and Ibrahim Hasan Murad, Minister Mines & Minerals, Livestock and Dairy and Transport, witnessed the igniting ceremony, Gwadar Pro reported on Friday.
INP/javed