Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Chambers & Associations

Businessmen hail  $450m investment in Pakistan by SMC

byCT Report
30/11/2018
in Chambers & Associations, Latest News, Pakistan Chambers
Share on FacebookShare on Twitter

RAWALPINDI: Suzuki Motor Corporation (SMC) Chairman Osamu Suzuki paid a visit to a local dealership center at Rawalpindi here. In his address to staff, vendors and dealers, Osamu, said that the company is interested to invest $450 million in setting up another production plant in Karachi.

Chairman Osamu Suzuki on the occasion expressed gratitude to the Pak Suzuki staff, vendors, dealers and the government, without which 2 million vehicle production could not have been possible. He further said that Pak Suzuki was the first to enter Pakistan automobile industry and hoped that Suzuki would contribute more towards the development of Pakistan’s auto industry.

You might also like

Record petroleum levy collection as citizens face costliest fuel prices

07/09/2026

FBR reshuffles Customs jurisdictions, expands digital cargo monitoring

07/09/2026

RCCI President Malik Shahid Saleem welcomed the initiative of Suzuki Motors to invest $450 million in Pakistan. He acknowledged that this initiative will not only help in creating more jobs but also provide an opportunity to boost exports in automobile sector. He demanded that Government of Pakistan should provide conducive environment for local manufacturers and support Pak Suzuki to run its business smoothly in Pakistan.

CEO Central Motors, and former President RCCI, Sohail Altaf termed Osamu visit to Rawalpindi a historical and said it was a remarkable achievement by Pak Suzuki to produce 2 million vehicles in Pakistan. He said it is time to take Pakistan’s auto industry to a new level and emphasised that it is the global supply network of Suzuki Motor Corporation that can make it happen. He said that Suzuki is planning to invest $450 million for putting up a brand-new plant. He assured that the business community of Pakistan would ensure that Pak Suzuki will get all the incentives and benefits which it really deserves.

Related Stories

Record petroleum levy collection as citizens face costliest fuel prices

byCT Report
07/09/2026

ISLAMABAD: The current federal government has completed two and a half years in office, during which citizens have faced record-high...

FBR reshuffles Customs jurisdictions, expands digital cargo monitoring

byCT Report
07/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has restructured the jurisdiction and functions of Customs field formations across the country,...

byCT Report
07/09/2026

SECP approves reforms to boost Pakistan’s business score KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has approved a...

Govt cut super tax to 8pc as part of broad structural reforms, says Kiyani

byCT Report
07/09/2026

ISLAMABAD: In a major relief measure for the corporate sector, Minister of State for Finance Bilal Azhar Kayani announced that...

Next Post

Hyderabad ASO submits FIR in HSD smuggling case

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.