Ceremony for Exchange of Licensing and Technical Assistance Agreement of Proton Plant in Pakistan

Ceremony for Exchange of Licensing and Technical Assistance Agreement of Proton Plant in Pakistan 1
Ceremony for Exchange of Licensing and Technical Assistance Agreement of Proton Plant in Pakistan 2

An exchange of documents for a Licensing and Technical Assistance Agreement between Proton Holding and Al-Haj Automotive Private Limited was conducted today, the 26th of April 2019.

Ceremony for Exchange of Licensing and Technical Assistance Agreement of Proton Plant in Pakistan 5

Both companies were represented by their senior executives. Dr Li Chunrong, CEO of Proton Holdings, and Mr Bilal Khan Afridi, Managing Director of the Al-Haj Group.

Related: Mahatir Confident Proton will be Successful in Pakistan

The exchange of document follows the previous announcement by Proton Holdings and Al-Haj Automotive Private Limited to develop a manufacturing facility for Proton vehicles based in Karachi, Pakistan. A symbolic ground breaking ceremony was conducted on the 22nd March 2019 in Islamabad, Pakistan and was presided by the most honorable Dr Mahathir Mohammad, Prime Minister of Malaysia, as well as the most honorable Mr Imran Khan, Prime Minister of Pakistan.

The manufacturing plant will sit on a 55 acre site in the port city of Karachi. Its construction requires an initial investment within USD 30 million. The facility will be ready for production by June 2020 and would have an annual capacity of 25,000 units.

Related: Pakistan Can be Proton’s Gateway to Enter Other Markets

The manufacturing plant would allow provide Proton with improved access to the growing Pakistan automotive market. The plant would also directly create 2,000 direct jobs and 20,000 indirect jobs through other areas such as local vendors.

Ceremony for Exchange of Licensing and Technical Assistance Agreement of Proton Plant in Pakistan 10

Proton Holdings is a joint venture between DRB Hicom and the Zhejiang Geely Group. Al-Haj Automotive Private Limited is a subsidiary of the Al-Haj Group, a conglomerate with diverse business interests such as automotive, oil & gas, logistics and estate businesses. Al-Haj has been associated with different Chinese and Korean Automobile companies since 2006 and has established a reputable name with vast experience in Assembly and distribution of Automotive products in Pakistan.

Press Release

Ceremony for Exchange of Licensing and Technical Assistance Agreement of Proton Plant in Pakistan 2
Share this:

About UsmanAnsari

A 3d animation professional, car enthusiast, petrolhead and social media influencer. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com

View all posts by UsmanAnsari

4
Leave a Reply

avatar
3 Comment threads
1 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
2 Comment authors
Usman MirMuhammad MuaazYawar AbbasShahid Abdullah Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
Shahid Abdullah
Guest
Shahid Abdullah

very nice. wish Proton and Alhaj best of luck. hope they get success in Pak

Yawar Abbas
Guest
Yawar Abbas

Hope Proton bring affordable cars for Pakistanis.

Muhammad Muaaz
Guest
Muhammad Muaaz

What do u mean? FaW V2 and XPV are already affordable, people should give it a try now after it has passed the test of time..

Usman Mir
Guest
Usman Mir

hope they launch more cars. not just stick to one car like Faw V2 with no transmission option