Chinese investment boosting Pakistani market

Pakistani OEM, Autocom, has announced it will move into a new, purpose-built facility near Karachi come 2017.

The investment at the Port of Qasim comes on the back of the Chinese government investing some US$ 56 billion in infrastructure and energy projects in Pakistan under the One-Belt-One-Road program, which is meant to link the west of China with Gwadar Port, which is located some 30km east of Qasim. 

“Due to the substantial Chinese investment, the Pakistani market is poised for strong growth, and we want to be part of it,” said Autocom’s Managing Director, Khayam Husain (pictured).

“The One-Belt plan will drastically reduce the shipping costs as well as shipping time from China to the Middle East, Africa and Europe, with Pakistani fleets enabling much of it.

“The new plant will feature an automated production line with machines for complete tank rolling, automatic flat bed welding as well as automatic girth welding,” he added – revealing the new site will also boast new tank head making and flanging machines.

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