Federal Minister for Industries invites Japanese auto companies to invest in Pakistan

Federal Minister for Industries Makhdum Khusro met with the Ambassador of Japan Kuinori Matsuda and discussed key areas of cooperation in the industrial sector.

During the meeting, they both shared their ideas where they can cooperate together in the industrial area and explore the modernization of the local engineering industry.

Moreover, the minister apprised the ambassador on the Mobile Device Manufacturing Policy. He told in the meeting that the new policy has started growing and Pakistan’s current economic environment provided an incredible opportunity for Japanese companies to invest in mobile phone manufacturing.

The ambassador also gave an insight on mutual cooperation between JICA and the Ministry of Industries and Production to enhance the export base and suggested a bilateral forum for issuance of certificates for international standards of export goods like auto parts, tires, chemicals, IT and communications, and enhancement of engineering development skills.