Tuesday, 23 April 2019

Proton to set up first South Asian factory in Pakistan

KARACHI: Proton has announced to establish its first factory in South Asian region and the country will be Pakistan.

The plant will be a joint effort between the Malaysian carmaker and its local partner Alhaj Automotive, according to details revealed by the high commissioner of Malaysia to Pakistan, Ikram Mohammad Ibrahim.

The envoy said that the agreement between Proton and Alhaj was signed last year, and Proton considers big potential in the venture.

“In terms of the potential of the Pakistan auto market, Proton feels it is big. That’s why Proton has agreed to work with Alhaj to build an assembly plant near Karachi in the Sindh province. This is significant because it will be Proton’s first plant in South Asia and the population of this country alone is 210 million,” Ikram told Malaysian media at the High Commission of Malaysia office in Islamabad.

Malaysian Prime Minister (PM) Dr Mahathir Mohamad is scheduled to arrive in Pakistan on a three-day official visit starting today.

The PM and his Pakistan counterpart Imran Khan are expected to officiate a symbolic groundbreaking ceremony of the Proton factory.

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