$150 mn JW Forland auto assembly plant to be launched tomorrow: Asad Umar
- By Web Desk -
- Nov 29, 2018
ISLAMABAD: Finance Minister Asad Umar on Thursday said the government’s ultimate goal is to make Pakistan a regional hub of the manufacturing of auto parts and automobiles.
In a tweet, he said the launching event of the $150 million Forland automobile assembly plant project will be held tomorrow.
“Launch event of the 150 million $ jw forland auto project tomorrow. Auto sector getting significant new investment. Ultimate goal is to make Pakistan a regional hub for manufacturing auto parts and ultimately automobiles. We must reverse the deindustrialization of Pakistan…”
Launch event of the 150 million $ jw forland auto project tomorrow. Auto sector getting significant new investment. Ultimate goal is to make Pakistan a regional hub for manufacturing auto parts and ultimately automobiles. We must reverse the deindustrialization of Pakistan…
— Asad Umar (@Asad_Umar) November 29, 2018
Earlier this week, the minister announced the Suzuki Motors has expressed an interest in investing $450 million to expand car production in Pakistan.
He tweeted: “Excellent day from a foreign investment perspective. Global Chairman suzuki motors visited & expressed interest in investing 450 million$ to expand car production in Pak & worlds biggest energy company Exxon mobil re opened there office in Pak 27 years after leaving the country.”