Don’t miss the latest developments in business and finance.

Pak prepares auto industry policy to attract investment

Image
Press Trust of India Islamabad
Last Updated : Dec 05 2013 | 6:32 PM IST
Pakistan is preparing an auto industry policy for the next five years to attract investment by international vehicle manufacturers.
Prime Minister Nawaz Sharif said the government is providing incentives to the investors and hoped that the car manufacturing industry will also benefit from it.
He said that auto industry policy for the next five years is being prepared which will ensure level playing field for all the auto manufacturers, a statement released by his office said.
He made the remarks in meeting with Kyoichi Tanada, President Toyota Motors Asia-Pacific here.
Meanwhile, Christoph Heusgen, Advisor to German Chancellor on foreign policy and national security called on Sharif at his official residence.
They discussed matters related to bilateral cooperation and mutual interest.

Also Read

First Published: Dec 05 2013 | 6:32 PM IST

Next Story