Service Long March Tyres Invests $120M in Pakistan
Analysis based on 7 articles · First reported Apr 09, 2026 · Last updated Apr 10, 2026
The additional $120 million investment by Service Long March Tyres (Private) Limited in Pakistan signals strong confidence in the country's economic potential, likely boosting investor sentiment towards Pakistan's emerging industries. The projected increase in tyre exports to the United States and Brazil will positively impact Pakistan's trade balance and global market position.
Service Long March Tyres (Private) Limited announced an additional investment of $120 million in Pakistan, demonstrating confidence in the country's industrial and economic potential. This announcement followed a meeting between Federal Minister for Commerce Jam Kamal Khan and Jin Yongsheng, Chairman of Service Long March Tyres (Private) Limited, to discuss investment expansion, export growth, and tariff policy support for Pakistan's tyre industry. The company aims to achieve $70 million in exports by June 2026 and exceed $100 million in the subsequent financial year, positioning it among Pakistan's leading non-textile exporters. Pakistan has made significant strides in global tyre markets, becoming the fifth-largest exporter to the United States and seventh-largest to Brazil, a growth attributed to technology transfer and expertise from Chinese partners. The government, led by Jam Kamal Khan, reaffirmed its commitment to supporting export-oriented sectors and maintaining a balanced tariff policy to encourage local production and competitiveness. Both sides emphasized strengthening collaboration to support export-led growth and industrial expansion, with investors expressing optimism about Pakistan's economic outlook.
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