Pak Suzuki Motor to invest USD 460 million for setting up a brand new plant

Abdul Razak Dawood, Advisor to Prime Minister on Commerce, Textile, Investment, Industries & Production inaugurated the ceremony for celebration of the landmark occasion of 2 million vehicles line-off at the plant of Pak Suzuki Motor Co. Ltd. on 26thNovember, 2018.

Mr. Masafumi Harano, MD and CEO Pak Suzuki welcomed the guests and thanked the present government, especially the Honorable Advisor to PM for his dedication, hard work and sincerity for the development of auto sector in Pakistan.

He further informed that this year Pak Suzuki will be producing around 144,000 units in line with the market demand. In next couple of years, we will be touching the production capacity of our plant of 150,000 vehicles per year.

Mr. Osamu Suzuki, Chairman, Suzuki Motor Corporation (SMC) – Japan said that he is really grateful to Pak Suzuki staff, vendors, dealers and support of the Government, without which 2 million vehicles production could not have been possible. He further said that Pak Suzuki was the first to enter in Pakistan automobile industry and hope that Suzuki will contribute more to the development of Pakistan auto industry, as there was a past background, and with that background we will keep contributing in the development of Pakistan auto industry.

Mr. Abdul Razak Dawood, Advisor to PM, appreciated the efforts of Pak Suzuki for the development of auto industry in Pakistan and said that it is a historical and remarkable achievement by Pak Suzuki to produce 2 million vehicles in Pakistan. He said it is time to take Pakistan auto industry to a new level and emphasized that its global supply network of Suzuki Motor Corporation that can make it happen.

He said that Suzuki is planning to invest USD 460 million for putting up a brand new plant. He assured that the government of Pakistan will make sure that Pak Suzuki will get all the incentives and benefits which it really deserves.

 

 

 

 

 

 

 

 

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