Govt. reaffirms commitment to boost automotive sector

By MG News | May 06, 2025 at 04:51 PM GMT+05:00
May 06, 2025 (MLN): To support local manufacturers, Special Assistant to Prime Minister on Industries and Production Haroon Akhtar Khan reaffirmed the government's commitment, emphasizing the importance of boosting the automotive sector.
He made these remarks during a meeting with representatives from the Pakistan Automotive Manufacturers Association (PAMA) to discuss various issues, including tariff rates, the upcoming budget, regulatory duties, and long-term policies, according to a news release.
The meeting was attended by key automotive manufacturers, including Honda, Toyota, Suzuki, Kia, Hyundai, Yutong, and Sazgar.
Akhtar Khan further highlighted that the Prime Minister’s vision focuses on providing incentives for the promotion of electric vehicles, as APP reported.
He assured manufacturers that every possible step would be taken to promote the sector and ensure its growth.
He also stressed that the Prime Minister’s vision aims for long-term sustainability and development, ensuring that all the challenges faced by automotive manufacturers would eventually be addressed and resolved.
Additionally, Haroon Akhtar Khan assured the automotive manufacturers that the government is fully aware of the difficulties they are facing and would continue to stand by them.
Akhtar Khan instructed PAMA to collaborate with the Ministry of Industries and Production in preparing a proposal to address the sector's concerns and requirements.
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