Business

Eco-friendly packaging factory in Balochistan; a milestone for the economic development

A new eco-friendly packaging factory, Al-Khair Corrugated Carton Factory, has been inaugurated in the provincial capital Quetta, marking a significant milestone for Balochistan’s economic development.
Supported by the European Union’s Growth for Rural Advancement and Sustainable Progress (GRASP) programme, the factory addresses a critical supply chain gap, reduces reliance on external suppliers, and promotes sustainable practices.
Owned by entrepreneur Khair Muhammad, it received a PK 30 million rupees matching grant, enabling the import of advanced machinery from China and Germany. This initiative not only creates local jobs but also aligns with global climate goals through the use of recyclable materials.
The event also saw the distribution of matching grants worth PK 54 million rupees to 14 small and medium enterprises continuing its efforts to strengthen rural economies. The success of the 3rd Cycle Cheque Distribution Ceremony highlights the transformative potential of these initiatives for the region’s economy.
The European Union-funded Growth for Rural Advancement and Sustainable Progress (GRASP) programme, implemented by the International Trade Centre (ITC) in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), the Food and Agriculture Organization (FAO), and the Small and Medium Enterprises Development Authority (SMEDA).

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