A Chinese bus manufacturer, Foton Motors Company, will sign an MoU with the Sindh government on Saturday for the provision of 2,000 CNG buses to Karachi.
The company’s team, headed by Ye Zhaoyou called on President Asif Zardari at Aiwan-e-Sadr on Thursday. The delegation included Foton AUV Bus Global Marketing Director Zhang Jun, Holly Foton Company GM Liu Liran, Marketing Manager Xu Qingli, Service Manager Zhao Bin, MD and CEO Joseph Verghese, and President Foton America Perry T Blackerby.
The delegation from Pakistan included Secretary General to the President Salman Farooqui, Adviser to the PM for Industries Muhammad Basharat Raja, BOI Chairman Saleem H Mandviwala, Spokesman to the President Farhatullah Babar and others. The Chinese delegation said it had set up its business in Karachi in 2008 and had been carrying out business in the country since then. It had designed environment-friendly busses according to the demographic needs of the country. The president welcomed the visiting delegation and praised their interest in exploring business opportunities in Pakistan in the transport industry.
He highlighted the investment-friendly business opportunities offered by Pakistan in variety of areas including oil and gas, mining, trading, energy, IT and Telecom, food and agriculture, SMEs, infrastructure and others. The president said his aim was to convert the country into one of the most attractive investment-friendly country in the world. Ye Zhaoyou briefed the president about his company’s ventures in Pakistan and informed him that the company had been awarded a contract for 111 CNG buses for Lahore through the Lahore Transport Company which is expected to commence from November 1. The president said there was room of expansion in the field and the investors should take full benefit from the opportunity.
mat do inko buses yi es qabil nahi janwaron ko kabhe kese nai bus main bethaya hain yi janwar qom hai mat do in ko .
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