Provision of quality transport facilities to masses is priority: Chairman BOI
ISLAMABAD: Chairman, Board of Investment (BOI), Saleem H. Mandviwalla Thursday, said that provision of best and quality transport facilities to the masses is the priority of the government adding solid steps are being taken in this regard.
In a meeting with a 5 member Chinese delegation of M/s Foton China he appreciated the delegation for commitment to bring Chinese companies to Pakistan initially Foton Bus Service Company which is further strengthening a strong link between the two countries.
He said that negotiations are going on with various companies for provision of comfortable and reliable transport and government is also fully encouraging investment in transport sector.
The Vice President of Foton Group Mr. ye Zhaoyou, said that the key to Foton success is quality and dedication towards their products. Foton is a name associated with commitment and perseverance, known worldwide for their traditional quality and excellence of products. CNG City and Inter-City buses are both designed and engineered in the USA and custom-made in China according to the specification and requirements.
An MOU (200 to 300 CNG/LPG buses) has already been signed with Sialkot Chamber of Commerce & Industry (SCCI) and these buses has started operating city to city and inter city (with in Sialkot). Lahore Transport Company has also made an agreement with Foton Transport Company Beijing for getting CNG buses under which this company will provide 111 CNG buses within next few months.
FOTON is a commercial vehicle manufacturer ranking first in Asia and second all over the world, and a first brand among the China commercial vehicles and manufacturing 50% of the commercial vehicles in the world. Beijing Foton Motor Company Limited.
The Group’s principal activities are the manufacture and sale of cars, accessories, reaping machine, and tractor, stamping parts, light, medium & heavy duty trucks and moulding tools.
Foton is investing in the areas of Auto and transport sector of Pakistan, Mass Transit System in major cities and assembly line for cars, light / medium & heavy duty trucks as there is a huge potential market available in Pakistan.