BR100 Decreased By (-0.83%)
BR30 Decreased By (-1.36%)
KSE100 Decreased By (-0.81%)
KSE30 Decreased By (-0.79%)
BECO 5.53 Decreased By ▼ -0.10 (-1.78%)
BML 57.95 Decreased By ▼ -1.57 (-2.64%)
BOP 35.20 Decreased By ▼ -0.85 (-2.36%)
CNERGY 8.22 Decreased By ▼ -0.22 (-2.61%)
DCL 11.64 Decreased By ▼ -0.28 (-2.35%)
FCCL 56.90 Decreased By ▼ -1.17 (-2.01%)
FCSC 5.39 Decreased By ▼ -0.14 (-2.53%)
FFL 18.13 Decreased By ▼ -0.24 (-1.31%)
FNEL 1.31 Decreased By ▼ -0.01 (-0.76%)
HUMNL 11.18 Decreased By ▼ -0.32 (-2.78%)
KEL 8.15 Decreased By ▼ -0.29 (-3.44%)
KOSM 6.96 Decreased By ▼ -0.02 (-0.29%)
MLCF 100.52 Decreased By ▼ -1.95 (-1.9%)
NBP 203.51 Decreased By ▼ -3.96 (-1.91%)
PACE 11.21 Decreased By ▼ -0.36 (-3.11%)
PAEL 42.75 Decreased By ▼ -0.98 (-2.24%)
PIAHCLA 26.31 Decreased By ▼ -0.76 (-2.81%)
PIBTL 17.94 Decreased By ▼ -0.28 (-1.54%)
PPL 241.94 Decreased By ▼ -7.12 (-2.86%)
PRL 35.97 Decreased By ▼ -0.67 (-1.83%)
PTC 65.58 Decreased By ▼ -1.44 (-2.15%)
SEARL 94.40 Decreased By ▼ -1.52 (-1.58%)
SSGC 31.32 Increased By ▲ 0.69 (2.25%)
TELE 9.07 Decreased By ▼ -0.25 (-2.68%)
THCCL 67.62 Decreased By ▼ -1.63 (-2.35%)
TPLP 10.24 Decreased By ▼ -0.80 (-7.25%)
TREET 25.84 Decreased By ▼ -0.76 (-2.86%)
TRG 66.68 Decreased By ▼ -3.16 (-4.52%)
WAVES 11.05 Decreased By ▼ -0.22 (-1.95%)
WTL 1.29 Decreased By ▼ -0.02 (-1.53%)
Pakistan

Govt receives Proton X70, Malaysia’s Mahathir gift to PM Khan

The Malaysian High Commissioner expressed commitment to boost trade in both countries, saying that the Proton car i
Published December 16, 2019 Updated December 16, 2019 09:07am
  • The Malaysian High Commissioner expressed commitment to boost trade in both countries, saying that the Proton car is a gift from one brother to another.
  • Advisor to PM Abdul Razzaq Dawood said that Pakistan supports Malaysia’s global role and was optimistic to witness increase trade volume between the two countries.

The Malaysian High Commission handed over the Proton X70 gifted by Malaysia’s Prime Dr. Mahathir Mohamad to Prime Imran Khan on Monday at Islamabad.

The gift handover ceremony took place at the Malaysian High Commission in Islamabad, the car key was handed by Malaysian High Commissioner Ikram Bin Mohammed Ibrahim to Adviser to PM for Commerce, Textile, Industry & Production and Investment Abdul Razaq Dawood.

The Malaysian High Commissioner expressed commitment to boost trade in both countries, saying that the Proton car is a gift from one brother to another.

Meanwhile, advisor Abdul Razzaq Dawood said that Pakistan supports Malaysia’s global role and was optimistic to witness increase trade volume between the two countries.

Back in March, a series of business records were signed between Malaysia's Proton Motors and Pakistan's Al-Haj, under which the company will begin producing Proton cars in Pakistan from June.

The Proton joint venture, first agreed last year, was the centrepiece of a series of agreements signed during a visit of Malaysian Prime Minister Mahathir Mohamad. Pakistani officials said the deals would total around $800-900 million.

The Proton plant, near the southern port city of Karachi, was the latest in a series of assembly deals set up in Pakistan by international auto makers including Volkswagen AG and Hyundai Motors.

 

Comments

Comments are closed for this article.