ISLAMABAD, Sept 14 (APP): Senator Mohammad Ishaq Dar,
Minister for Finance, Revenue, Economic Affairs, Statistics
and Privatization held meetings with two leading French
automobile manufacturers, Renault and Peugeot, in Paris on
He briefed them about the recently announced automobile
policy of the Government of Pakistan which has given
attractive incentive and concessions for foreign investors, a
message received here from Paris said.
The finance minister emphasized that with the resurgence
of Pakistani economy in the last three years, manifested in
macroeconomic stability, sustained GDP growth, and stable
exchange rate and increasing consumer spending, there is a
strong demand for new cars in the country.
He invited them to set up their manufacturing plants in
the light of the new policy and growing demand.
The Senior Executives of both Renault and Peugeot lauded
the remarkable turnaround in Pakistan’s economy and expressed serious interest in investing in the automobile sector in Pakistan.
Chairman BoI, Ambassador of Pakistan to France and
French Ambassador to Pakistan were also present during the