PFA Signs Strategic MoU with IBI Group China to Strengthen Pakistan-China Industrial Collaboration
09 May, 2026 Share:
The Pakistan Foundry Association (PFA) proudly signed a Memorandum of Understanding (MoU) with Beijing TDD E-Commerce Co., Ltd., a subsidiary of IBI Group, China, to strengthen Pakistan-China cooperation in the foundry, casting, engineering, and manufacturing sectors.
This strategic partnership aims to promote bilateral trade and investment opportunities, technical collaboration, and B2B matchmaking between Pakistani foundries and Chinese enterprises. The collaboration is expected to facilitate up to USD 100 million in annual business value through industrial networking, trade facilitation, and future business linkage activities.
Under this MoU, PFA members will gain opportunities to participate in international B2B meetings, investment roundtables, delegation visits, and technical collaborations with Chinese industries, further enhancing the global connectivity and technological advancement of Pakistan’s foundry sector.
A significant step towards industrial growth, international partnerships, and stronger Pakistan-China economic relations.