Times of Islamabad

Pakistan may emerge as regional exporter of Cars and Automobiles

Pakistan may emerge as regional exporter of Cars and Automobiles

*ISLAMABAD – Pakistan government plans to export cars and other vehicles toregion, Finance Minister Sad Unar has revealed.*

*JW and Forland have collaborated to produce cargo trucks and specialpurpose vehicles in Pakistan.*

The launch event was held on Friday. The $150 million project has beenlaunched with the ultimate goal to make Pakistan a regional hub formanufacturing auto parts and automobiles, said Finance Minister Asad Umarin a tweet on Thursday.

With the launch of the project, there will be technology transfer fromChina to Pakistan. “Progress only starts after the technology istransferred,” said Prime Minister Khan.

He said that schools will be formed, where the technicians will be able toacquire skills. “We will produce cars which can eventually be exported,”Khan remarked.

This is not the first time vehicles will be produced in Pakistan, but it isthe first time vehicles will be produced for commercial use.

Adam Group Company had produced and assembled the first car in Pakistan,Revo. The production has been discontinued now. The United Group producesrickshaws and has announced a plan to start assembling cats too.