A significant development has emerged regarding the operations of Century Steel Group, a prominent Chinese steel manufacturer, in Pakistan. The company has issued a "last notice" to the Pakistani government, indicating its intention to dismantle its plant and withdraw investment if ongoing issues are not resolved promptly.

Century Steel Group has communicated that this notice is their final attempt to address unresolved concerns with the Pakistani authorities. They have stated that failure to rectify these issues will lead to the dismantling of their facility located in the Rashakai Special Economic Zone (RSEZ) in Khyber Pakhtunkhwa.

The company has not publicly detailed the specific problems leading to this ultimatum, but it highlights ongoing challenges that have persisted for some time. The implications of such a withdrawal could be significant for both the local economy and the broader context of Chinese investments in Pakistan.

If Century Steel Group follows through on its threat, it could set a precedent affecting future foreign investments in Pakistan, particularly from China, which has been a key partner in various infrastructure and industrial projects under initiatives like the China-Pakistan Economic Corridor (CPEC).

The situation remains dynamic, and it will be crucial to monitor how the Pakistani government responds to this ultimatum in order to avert potential economic fallout.