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Business & InnovationSaturday 8 August 2026

The International Finance Corporation is backing Pakistan's packaging sector with a $20 million investment in Novatex Limited, one of the country's leading plastic packaging manufacturers.

The funding will support the company's import of essential raw materials and equipment, strengthening its capacity to boost Pakistan's packaging exports while advancing sustainable production practices. This move signals growing confidence in emerging market manufacturing and the business potential at the intersection of trade expansion and environmental responsibility. Read the full story β†’

Today's takeaway: When international investors back local manufacturers with sustainability at the core, it creates real pathways for developing economies to compete globally.

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