Briefs

Southasia - - CONTENTS -

With the launch of the China-Pak­istan Eco­nomic Cor­ri­dor (CPEC), Pak­istan is grad­u­ally emerg­ing as one of the most at­trac­tive mar­kets for for­eign in­vestors. Re­cently, South Korea’s largest au­to­mo­tive man­u­fac­turer, Hyundai Mo­tor Com­pany signed a part­ner­ship with Nishat Mills to set up a car assem­bly plant in Pak­istan for the assem­bly and sale of both pas­sen­ger and com­mer­cial ve­hi­cles. This will mark the re-en­try of Hyundai in Pak­istan since it ceased op­er­a­tions in 2004. Kia, an­other au­to­mo­bile man­u­fac­turer from South Korea, is also en­ter­ing the Pak­istan mar­ket in col­lab­o­ra­tion with Lucky Group.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.