Courtesy of CPEC and the much acclaimed Automotive Development Policy (ADP) 2016-21, many heavy duty automobile manufacturers are making their way to the Pakistani market. A Swedish heavy commercial vehicle manufacturer Scania is an another addition to this list.
Currently, the company plans to introduce its heavy duty vehicles including premium trucks, truck-tractors, buses and coaches in Pakistan. Scania has signed the distribution agreement with Dewan Companies, awarding them exclusive distribution rights for introducing the company’s products in the local market.
It also plans to later explore the potential and feasibility of setting up their manufacturing plant in the country as well as Scania Executive Vice President Sales and Marketing Christian Levin stated; “We are committed to expanding our investment and will explore the prospects of manufacturing our products here in Pakistan.”
Owing to the investment friendly auto policies, Pakistan will soon see major developments in this sector. Many foreign companies including the Volkswagon, Renault, Hyundai, KIA etc are establishing their manufacturing facilities in Pakistan.
Recently, SHACMAN Trucks also entered the Pakistani market, whose products will be distributed by Premval (Pvt) Ltd. Also, MAN SE, a German truck maker owing to the increased demand for heavy duty vehicles under CPEC, will establish a manufacturing plant in Pakistan.
South Korea’s auto company Hyundai has also partnered with Al-Haj group to assemble various top of the line trucks and luxury buses.