Chairman Suzuki shows interest to invest $450m in Pakistan: Asad Umer
A delegation of Pak Suzuki headed by its Chairman Osamu Suzuki, Suzuki Motor Corporation (SMC) and Masafumi Harano, MD & CEO Pak Suzuki and other officials meeting with Prime Minister Imran Khan in Islamabad on Tuesday.
ISLAMABAD: Global Chairman of Suzuki Motor Corporation (SMC) Osamu Suzuki Tuesday expressed his interest to invest $450 million in setting up another production plant in Karachi, said Asad Umer, Finance Minister in his tweet.
Minister of Finance, Asad Umar tweets, “two popular multinationals companies have shown their interest for the major investment in Pakistan.” A delegation of headed by Chairman SMC Osamu Suzuki also met the Prime Minister Imran Khan and discussed his investment plan with him, an industry source said.
Federal Minister for Finance shared the news on his official twitter handle that, “Excellent day from a foreign investment perspective. Global Chairman Suzuki Motors visited & expressed interest in investing $450 million to expand car production in Pak & world’s biggest energy company Exxon mobil re-opened its office in Pakistan 27-year after leaving the country.”
Suzuki Motor Corporation is a Japanese multinational corporation which manufactures automobiles, four-wheel drive vehicles, motorcycles, all-terrain vehicles (ATVs), outboard marine engines, wheelchairs and a variety of other small internal combustion engines.
Moreover, Exxon Mobil Corporation is an American multinational oil and gas corporation and is world’s ninth-largest company by revenue.
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