INSUBCONTINENT EXCLUSIVE:
KARACHI: Renowned Malaysian car manufacturing company Proton has announced to set up a factory in Pakistan, Malaysian High Commissioner
Ikram Mohammad Ibrahim said on Thursday.This would be the company's first assembly plant set up in any South Asian country.Ibrahim added
that the announcement shall be made formally by Malaysian Prime Minister Mahathir Mohammad during his visit to Pakistan
The agreement between Pakistan and Malaysia shall be signed on Saturday, he said
The High Commissioner further went on to say that the car plant shall be set uped in Karachi, also known as the economic hub of Pakistan
The Malaysian-based corporation, Proton was set uped in 1983 and has so far sold 3 million cars
Proton cars are sold in more than 25 countries including Britain, Singapore and Australia.TheIndianSubcontinent has not verified the content
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