BEIJING
The Pakistani automotive industry is set to usher in a golden age as a result of the cooperation between the Chinese and Pakistani companies, said Philip Jian, Pakistan’s Honorary Investment Counsellor in China.
“Chinese brands including BAIC Motor, Changan Auto and SAIC Motor, have set up their own assembly plants in Pakistan while other brands like GWM, BYD and Geely are likely to open plants in Pakistan too,” he said in an interview with CEN.
Now, increasingly more Chinese brands, with positive prospects on Pakistan’s automotive industry, are cherishing Pakistan as an important destination of their strategic plan. “Chery’s market of right-hand drive cars covers seven countries. Especially in South Africa and Nepal, etc., we have already been listed, but these are the market for complete vehicles.
Pakistan is the first market for CKD vehicles among them, and the vehicles will be assembled and produced locally,” Felix Hu, Director of Chery Automobile Pakistan told CEN. Automobile manufacturing in Pakistan through Sino-Pak collaboration will improve local employment and tax revenue.
More importantly, “as we will manufacture our latest model here, therefore our technology and management skills will be integrated into the project in Pakistan, which will have an extremely positive impact on the improvement of the entire industry in Pakistan,” Felix said.
There are always advantages for JV because both sides save time and money. We can in very short time, start production and go forward. “It’s great,” said Zubair Aamir, Head, Three-Wheeler Project Team of Sazgar Engineering Works Ltd.
