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.
Pakistan Navy launches fourth Hangor Class submarine 'Ghazi' in China
- 5 hours ago
Gold prices surge, silver hits historic high in Pakistan
- 9 hours ago
Pakistan, Russia express desire to develop mutual cooperation
- 10 hours ago
Many games from The Game Awards are now on sale
- 12 hours ago
Please don’t make airports healthy again. Just make them more efficient.
- 19 hours ago
Marko: Verstappen would've won if Horner left earlier
- 9 hours ago
NDMA dispatches 27th aid consignment for Palestinians
- 7 hours ago
India summons Bangladesh envoy over security concerns in Dhaka
- 9 hours ago
Met Office forecast rain, snowfall from Dec 20
- 6 hours ago
Arteta tells critics to back off struggling Gyökeres
- 20 hours ago
Tremors felt in Balochistan's Barkhan district
- 9 hours ago
NFL Week 16 odds: Eagles can clinch NFC East with win vs. Commanders
- 9 hours ago
