ISLAMABAD -Foreign automotive company to produce new cars in Pakistan underAutomotive Development Policy.
Al-Haj Automotive has been granted the Greenfield investment status by theMinistry for Industries and Production to produce Proton cars in thecountry under the Automotive Development Policy 2016-21.
Currently, Proton is working towards establishing its assembly plant inKarachi and will be the automaker’s first CKD plant in the region,occupying a 55-acre area and an initial investment of $30 million.
According to available information, it will be ready by late next year witha yearly production capacity of 25,000 units. The plant will create 2,000direct employment opportunities and 20,000 indirect opportunities throughother means such as local vendors.
The first model launch in Pakistan by Al-Haj Proton collaboration will bethe 1.3 liter Saga sedan. According to reports, the company will startoffering CBU version of Proton Saga by the second quarter of 2020.
Read Top Stories
According to Syed Faisal Albar, Proton Chairman, Pakistan will help Protoncreate pathways to other markets and added that the company is aiming tointroduce other models in the market as well.
The creation of Proton CKD plants in the country is another impressiveachievement in the fast-growing Al-Haj Automotive group’s accomplishmentlist
