Prime Minister Shehbaz Sharif has invited Japanese companies to explore and invest in Pakistan.
Islamabad: Prime Minister (PM) Shehbaz Sharif has extended an invitation to Japanese companies to explore investment opportunities in Pakistan.
During a meeting with President Toyota Asia Yoshiki Konishi and CEO of Indus Motors Ali Asghar Jamali in Islamabad, the Prime Minister discussed the potential for investment in the country.
Highlighting the progress made, it was revealed that Toyota Indus Motors has established a production unit for hybrid vehicles in Pakistan, marking an initial investment of $100 million.
PM warmly welcomed this venture, emphasizing that local production of hybrid vehicles will contribute to a decrease in the import bill, resulting in significant foreign exchange savings for the nation.
He reiterated the government's commitment to providing comprehensive support and facilities to industries interested in investing in modern technologies within Pakistan.
Algeria severs diplomatic ties with UAE over ‘provocative, hostile’ actions
- an hour ago
Eight Muslim countries welcome UK ban on goods from illegal Israeli settlements
- 19 hours ago
Why Iowa is a state to watch in the midterms
- 12 hours ago
Your food may be safe. Its packaging is another story.
- 12 hours ago
Tongue routs Pakistan as England dominate third Test
- 3 hours ago
The mystery at the heart of Trump’s trade war
- 12 hours ago
Thieves steal Renoir paintings from French Riviera museum
- a day ago
Trump’s Smithsonian vendetta, briefly explained
- 12 hours ago
Apple debuts passport-shaped foldable phone, called Duo
- 19 hours ago
Data centers can’t win on Earth. How about in space?
- a day ago
The Jewish Democrats trying to get to “yes” on Abdul El-Sayed
- a day ago
The strange grief of not wanting kids
- 3 hours ago
