CHINESE COMPANY WANTS TO SET UP TRUCK PRODUCTION PLANT.
Sinotruk Jinan Truck Co Ltd, the third largest truck manufacturer in mainland China, has shown interest in purchasing heavy vehicle components from Pakistani automobile part manufacturers. In this regard, a 10-member delegation recently met members of the Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) in Karachi to discuss possibilities of collaboration between companies of the two countries. Sinotruk Group is principally engaged in the manufacture and distribution of heavy-duty vehicles and spare components. The company has also shown interest in setting up a production plant for trucks in Pakistan, according to a Paapam. Paapam members invited the Chinese executives to visit their plants so that the companies of both sides could collaborate for joint ventures.
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|Publication:||Pakistan & Gulf Economist|
|Date:||Aug 27, 2017|
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