Hub: A license of permission has been afforded to a Chinese liquor company to construct and establish a manufacturing plant in Pakistan. Sources and reports have emerged to the foreground saying that the Securities and Exchange Commission of Pakistan registered the company named Hui Coastal Brewery and Distillery on April 30, 2020, with Hub, Balochistan as its address. The registration is said to have been the first of its kind in decades, leaving many to wonder how strong China’s hold actually is on Pakistan’s economy.
Devil’s In The Details: The license was issued by Excise, Taxation and Anti-Narcotics Department Balochistan. The company has been launched as a joint venture with Balochistan at the Lasbela Industrial Estate Development Authority. With vast experience of manufacturing liquor in China, this will be the first Chinese company to establish its plant in Pakistan. The company is famous for producing world’s famous brands and it would introduce its two famous brands in Pakistan. The entire process, from manufacturing to packaging, would be carried out at its plant in Lasbela.
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