ISLAMABAD: A delegation of Suzuki Motors Corporation (SMC) led by its Japanese Global Vice President Kenichi Ayukawa on Thursday called on Pakistan’s Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb in Islamabad.
Japanese Chief Executive Officer (CEO) and Managing Director of Pak Suzuki Motor Company Limited (PSMCL) Hiroshi Kawamura, and officers from the Finance Division and Federal Board of Revenue were also present in the meeting, according to a press release.
Muhammad Aurangzeb welcomed the delegation and expressed his appreciation for Suzuki’s longstanding contributions to the development of the Automobile Industry in Pakistan.
Ayukawa informed the minister that PSMCL has been present in Pakistan since 1983 and briefed him on their long-term investment proposals in the country. The delegation also suggested certain policy interventions to increase the volume base in the country to enhance its regional competitiveness.
Suzuki Motors Investment Proposals
The minister appreciated the delegation for their innovative proposals and emphasised that Pakistan is a large market with a great potential for growth, and has the capacity to become a strategic hub for exports in the future.
The government is committed to promoting clean energy and looking forward to investments in this significant domain, he said.
The delegation thanked the minister and committed to collaborating with the government to further mutual aims and enhance Pakistan’s economic development.
