Suzuki Motors to establish another manufacturing plant in Pakistan

News Image

MG News | November 28, 2018 at 10:05 AM GMT+05:00

0:00

November 28, 2018 (MLN): A delegation of Suzuki Motors Corp has articulated its intention to construct another plant in Pakistan, to manufacture additional 100,000 vehicles per year.

Paying a visit to Prime Minister Imran Khan in his office yesterday, the staff briefed him about the existing investment of Suzuki Motors Corp and its future investment plans within the country.

The delegation included Mr. Osamu Suzuki, Global Chairman Suzuki , Mr. Kinji Saito, Mr. Masafumi Harano, Mr. Shigeo Takezawa, Mr. Yusuke Katto and Mr. Shafiq A Shaikh. Ambassador of Japan Mr. Takashi Kurai was also present during the meeting.

Khan, while appreciating the contribution of Suzuki Motors in the automobile sector, said that that the present Government is committed to private sector development, investment promotion, improving ease of doing business and growth of the manufacturing sector.

He assured the delegation of continued support from the Government, towards enhancing the existing business opportunities in the country.

Finance Minister Asad Umar, in his tweet, declared the day as “excellent, from a foreign investment perspective”, as he addressed the news of Global Chairman of Suzuki’s visit, and his desire to invest “$450 million to expand car production in Pakistan.”

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 13, 2025 at 01:57 PM GMT+05:00

Weekly Market Roundup


July 13, 2025 at 10:26 AM GMT+05:00

K-Electric dispels rumours of peak hour changes


July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg