Shift of Malaysian car unit to turnaround local auto sector: Razaq Dawood.

 
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ISLAMABAD -- Adviser to Prime Minister on Commerce, Industry and Investment Abdul Razak Dawood hoped that shift of automobile manufacturing unit of ' Proton' cars from Malaysia to Pakistan would give turnaround the local auto sector. Now the new upcoming market players would not only enhance the competitiveness in local automobile market but also give the better alternatives to local customers in terms of quality and rates for opting better option for sale and purchase of vehicle, he told here.

The adviser said Malaysian big automobile player 'Proton' of ALHAJ Automotive had agreed to start manufacturing in Pakistan in next three years. Razak Dawood said in the current global competitive environment in auto mobile sector, 'We need to bring more competition in local automobile sector and also need to invite more global players for investment in this sector to connect with the global value chain.'

Replying to question, he said recently Malaysian car manufacturer Proton delivered X70 to Pakistan government as per promise made by the Malaysian Prime Minister Dr Mahathir Mohamad during his visit to Pakistan earlier this year. He informed that production activities of Proton cars in Pakistan were scheduled to begin in 2021 as plans were being formulated for assembly of several models in the country. He said this would assist the company in achieving its long term goals to sell 400,000 vehicles by 2027. 'The Proton cars observe a lot of potential in Pakistan and as Malaysia is the only Muslim country to have its own...

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