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Sazgar Engineering Works

Pakistan’s rickshaw maker will now manufacture cars

KARACHI: Auto-rickshaw maker Sazgar Engineering Works has been granted permission to set up a new car manufacturing plant in Pakistan in partnership with a Chinese company, stated in a notice issued by the Pakistan Stock Exchange on Wednesday. Reports cite company’s secretary Arshad Mahmood as saying: “Ministry of Industries & Production of Pakistan has awarded the Category-A, Greenfield Investment status to our company,” The vehicles will be assembled and manufactured under the brand name ‘BAIC,’ he said in the…