The Japan International Cooperation Agency (JICA) will assist Pakistan’s automobile industry in enhancing its domestic production from existing 200,000 vehicles by introducing new safety and environment-friendly features.
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This was announced by JICA chief representative Shigeki Furuta in a meeting with Adviser to Prime Minister on Commerce, Industries, Production and Investment Mr Abdul Razak Dawood.
Furuta headed a JICA delegation in the meeting that deliberated on upgrading automobile and textile industries of Pakistan in order to promote trade and investment. A better business climate and supporting activities of Japanese automobile companies – Suzuki, Toyota and Honda – in Pakistan including promotion of associated industries were discussed in the meeting. JICA chief highlighted:
“JICA will support Pakistan in developing requisite regulations for new features and establishing inspection infrastructure for the testing of new and used vehicles for the safety of consumers.”
Furuta assured the PM adviser that JICA would provide assistance for economic development of Pakistan because of improvement in investment regime in the country.