Stop 8 of China RACC Expo Global Promotion
The 28th Pakistan International Refrigeration Exhibition this year is the largest and most influential industrial exhibition in Pakistan, organised by Pakistan Refrigeration Association, attracting exhibitors from more than 20 countries and regions around the world every year. According to the official information, 2023 Pakistan Refrigeration Exhibition (HVACR EXPO) attracted nearly 300 exhibitors from 15 countries and regions, of which there are more than 50 international exhibitors and more than 20,000 professional visitors.
Mr. Lv, the director of RACC committee, departed from Xiaoshan International Airport to Karachi on 5 June for promoting RACC
The RACC committee and HVACR EXPO committee have long-term deep cooperation, both sides share customer resources. RACC committee is the general agent of Pakistan Refrigeration Exhibition in China. This time, the RACC committee organized nearly 20 companies including Huayi, Hongshuai, Feierkesi, Tuopu, Jufloron, Dongyi, Rongqiang, Bolangde and other companies to participate in the exhibition. After that, together with Pakistan Refrigeration Association, RACC committee organised Chinese enterprises to visit the factories of local well-known enterprises and held a discussion and exchange meeting between Chinese and Pakistani enterprises, so as to understand the local market demand in depth and create favourable conditions for the cooperation between Chinese and Pakistani enterprises.
The Pakistan exhibition is the 8th stop of the global promotion of RACC exhibition, in order to better publicize and promote RACC exhibition, the RACC committee has set up a special booth in Pakistan HVACR EXPO (booth no. 5-38-3). Visitors' presence and guidance on site are sincerely welcome! In addition, Pakistan Refrigeration Association will organize no less than 50 Pakistani refrigeration purchasing team to participate in the RACC2023 held in Ningbo on October 25-27.
To organize a high quality and wonderful exhibition is our constant goal. RACC2023, international HVAC refrigeration industry event, is looking forward to your participation!
Basic Overview of HVACR Market in Pakistan
With a population of 225 million, Pakistan is the sixth most populous country in the world. In recent years, Pakistan has seen rapid economic development with GDP for FY2022 at 382.833 billion U.S. dollars, per capita at around 1,686 U.S. dollars, a year-on-year growth of 6.2 per cent, and rapid growth in infrastructure development and the real estate industry.
It is expected by China Pakistan Economic Corridor (CPEC) that Pakistan to be the largest largest construction market in the coming years, which will drive huge demand in the HVACR market. In recent years, the government of Pakistan has intensified infrastructure development and the residential construction market is expected to maintain a market share of 44.3% of the industry's total value by 2022. It is estimated that by 2024, Pakistan will need to build more than 5 million residential units to meet the current demand, which creates a huge opportunity for the HVACR industry.
