FAISALABAD: Time Ceramics, under the visionary leadership of TU Chuansong (CEO), has established itself as a leading manufacturer of ceramic tiles in Pakistan. Located in the FIEDMC industrial area, Plot No. 275, Phase 2, M-3, Time Ceramics is committed to delivering high-quality products while contributing to the local economy by generating employment opportunities.
In an exclusive interview with Syed Bilal Izzat Naqvi, editor of the Daily Information Times, Director Time ceramics Mr. Yang and Relationship Manager Mr. Elton Luo praised the Pakistani leadership, including Prime Minister Shehbaz Sharif and Chief of Army Staff General Syed Asim Munir. “They have done their best to establish a better environment for foreign investment,” said Mr. Yang.
Mr. Elton Luo also expressed his gratitude to the Government of Pakistan and the Army Chief for ensuring the security of Chinese investors. “We are thankful for the security measures, but there are areas where improvements are needed,” he stated. He highlighted that Time Ceramics employs over 1,500 local workers, alongside several Chinese employees, whose movement is restricted due to security concerns.
“We cannot even go to the factories in the next phase of FIEDMC without using bulletproof vehicles. We must travel to meet our distributors, conduct market surveys, and purchase machine parts, but the requirement for bulletproof vehicles makes this challenging,” explained Mr. Luo. “We need over 20 bulletproof vehicles daily for smooth operations, costing us a minimum of 1 lakh rupees per visit and up to 2 lakh rupees for airport trips. This translates to over 40 million rupees per month just for the movement of our Chinese employees.”
Mr. Luo suggested that the Government of Pakistan either provide bulletproof vehicles or allow the import of duty-free bulletproof vehicles from China. “Exempting taxes on bulletproof vehicles for Chinese manufacturers in Pakistan would greatly help,” he added.
Further recommendations included minimizing customs duties on raw materials, reducing electricity and gas prices, and improving the process for obtaining NOCs from the Ministry of Interior. “We face difficulties in obtaining NOCs for surveying raw material in mining areas, which hampers our operations. Additionally, the recent 2 percent increase in customs duty on raw materials is a significant challenge,” said Mr. Luo.
Mr. Yang and Mr. Luo emphasized that stable and supportive government policies would foster a flourishing business environment, attracting more Chinese companies to invest in Pakistan. “If government officials are directed to help foreign investors and create a friendly environment, the business will flourish, benefiting both the investors and the Pakistani economy,” they concluded.
Time Ceramics is committed to contributing to the Pakistani economy and appreciates the efforts made by the government to support foreign investment. They extend their gratitude to the Daily Information Times for their continued support and coverage.
No comment