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CHINESE MOTORBIKE GROUP TO SET UP PRODUCTION UNIT IN PAKISTAN.
ISLAMABAD, Sept 3 Asia Pulse - Chongqing Yongda Group, a Chinese motorbike manufacturing giant, plans to invest US$200 million in Pakistan to set up an industrial unit.
The group's decision has been formally conveyed to the government by the Chinese embassy, a daily newspaper reported. Sources said that a delegation of Chongqing Group is expected to visit Pakistan early next month to finalise modalities of the project.
The group's General Manager, Zhang Yongda, will lead the delegation in the meetings with the Pakistani officials. Sources added that the delegation would meet Finance Minister Shaukat Aziz, Commerce and Industries Minister Abdul Razzak Dawood and other concerned officials during its stay in Pakistan.
The ...
- BUSINESS IN ASIA TODAY - SEPT 3, 2001.
- News wire article from: AsiaPulse News September 3, 2001 700+ words
...MOTORCYCLE GROUP TO SET UP UNIT IN PAKISTAN ISLAMABAD - The Chongqing...invest US$200 million in Pakistan to set up an industrial unit...and a delegation from the Chongqing Group is expected to visit Pakistan early next month to finalise...
- BRIEFING - ASIA AUTOMOTIVE - SEPT 3, 2001.
- News wire article from: AsiaPulse News September 3, 2001 700+ words
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