Chinese firm wants to set up truck production plant
Also interested in purchasing components from Pakistani auto part makers
Police, govt officials, drivers; all part of the moneymaking extravaganza. PHOTO: AFP/FILE
KARACHI:
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.
Chinese firm gets nod for setting up power plant
The company has also shown interest in setting up a production plant for trucks in Pakistan, according to a Paapam press release.
Paapam members invited the Chinese executives to visit their plants so that the companies of both sides could collaborate for joint ventures.
Paapam Chairman Mashood Ali Khan briefed the delegation about the technologies, resources and expertise of Pakistani parts manufacturers. He also spoke about the growing auto industry of Pakistan and how it was already heavily involved in the production of motorcycles, cars, buses, trucks and their auto parts.
Iranian delegation
Separately, Iran’s Commercial and Economic Counsellor Hamid Raza Nezarati Zadeh led a delegation to the Paapam office recently to discuss possibilities of joint ventures between Pakistani and Iranian auto companies.
In addition to discussing the development of possible trade links between the two countries, the Paapam chairman said a delegation of Pakistani auto part makers would soon visit Iran to enhance their capabilities in auto-engineering by sharing technical expertise with each other.
CPEC power project: Seizure of Chinese firm’s accounts lands taxman in trouble
He asked Paapam members interested in any field of technology and willing to share and coordinate with Iranian auto part makers to submit their applications.
Published in The Express Tribune, August 19th, 2017.
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.
Chinese firm gets nod for setting up power plant
The company has also shown interest in setting up a production plant for trucks in Pakistan, according to a Paapam press release.
Paapam members invited the Chinese executives to visit their plants so that the companies of both sides could collaborate for joint ventures.
Paapam Chairman Mashood Ali Khan briefed the delegation about the technologies, resources and expertise of Pakistani parts manufacturers. He also spoke about the growing auto industry of Pakistan and how it was already heavily involved in the production of motorcycles, cars, buses, trucks and their auto parts.
Iranian delegation
Separately, Iran’s Commercial and Economic Counsellor Hamid Raza Nezarati Zadeh led a delegation to the Paapam office recently to discuss possibilities of joint ventures between Pakistani and Iranian auto companies.
In addition to discussing the development of possible trade links between the two countries, the Paapam chairman said a delegation of Pakistani auto part makers would soon visit Iran to enhance their capabilities in auto-engineering by sharing technical expertise with each other.
CPEC power project: Seizure of Chinese firm’s accounts lands taxman in trouble
He asked Paapam members interested in any field of technology and willing to share and coordinate with Iranian auto part makers to submit their applications.
Published in The Express Tribune, August 19th, 2017.