Chinese company starts beer production in Hub

Published March 31, 2021
An official of the provincial excise and taxation department confirmed on Tuesday that the company had been granted a licence which it had applied for in 2017. — Reuters/File
An official of the provincial excise and taxation department confirmed on Tuesday that the company had been granted a licence which it had applied for in 2017. — Reuters/File

QUETTA: A Chinese liquor company, the Hui Coastal Brewery and Distillery Limited, which was granted a licence in 2018 for making beer, has formally started production at its plant in Balochistan’s industrial town of Hub.

An official of the provincial excise and taxation department confirmed on Tuesday that the company had been granted a licence which it had applied for in 2017.

The company registered itself with the Securities and Exchange Commission of Pakistan (SECP) on April 30, 2020, after completing installation of liquor plant in Hub town.

“The company formally started its beer production last week, which product will be supplied to Chinese nationals working at various projects launched in different areas of Pakistan under the China-Pakistan Economic Corridor and mines and mineral projects in Balochistan,” Mohammad Zaman Khan, director general, Excise and Taxation South, told Dawn.

He confirmed a licence had been issued to the Chinese company in 2018 as it had submitted an application to the authorities concerned in 2017, pleading that the beer and liquor brand which the company produces in China is not available in Pakistan.

“The application took over a year for approval and in 2018 the former Balochistan government agreed to issue a licence to the Chinese company,” the DG Excise and Taxation South said.

Sources said the Hui Coastal Brewery and Distillery Limited, which is famous for producing some of the world’s most famous liquor brands, made an investment of Rs3 million for installing a modern liquor plant on a five-acre plot of land in Hub. It is learnt that for the time being the Chinese company would produce beer to fulfil the requirement of Chinese nationals working in Pakistan.

Published in Dawn, March 31st, 2021

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Counterterrorism plan
Updated 23 Nov, 2024

Counterterrorism plan

Lacunae in our counterterrorism efforts need to be plugged quickly.
Bullish stock market
23 Nov, 2024

Bullish stock market

NORMALLY, stock markets rise gradually. In recent months, however, Pakistan’s stock market has soared to one ...
Political misstep
23 Nov, 2024

Political misstep

FORMER first lady Bushra Bibi’s video address to PTI followers has triggered a firestorm. Her assertion implying...
Kurram atrocity
Updated 22 Nov, 2024

Kurram atrocity

It would be a monumental mistake for the state to continue ignoring the violence in Kurram.
Persistent grip
22 Nov, 2024

Persistent grip

An audit of polio funds at federal and provincial levels is sorely needed, with obstacles hindering eradication efforts targeted.
Green transport
22 Nov, 2024

Green transport

THE government has taken a commendable step by announcing a New Energy Vehicle policy aiming to ensure that by 2030,...