Minister for Industries & Production Visits Hinopak

Mir Hazar Khan Bijarani, Federal Minister for Industries & Production visited Hinopak Motors Limited. The agenda of his visit was to discuss the automobile industry of Pakistan in general. During meeting Value Added Tax (VAT), Government policies & future plans for the betterment of industry and production sector, issues on import of used vehicles and other related issues were discussed.

Addressing on the occasion, the Federal Minister briefed that Government of Pakistan recognizes the role of automobile industry of Pakistan as a major growth driver and its contribution for economy of Pakistan and will support this industry to enable it to develop and play an important role globally. He told that today he observed the modern manufacturing facilities of Hinopak and was highly impressed to see the state of the art processes and in-house manufacturing processes. He congratulated Hinopak Management and workers for the continuous success by setting up milestones and benchmarks in Pakistan automotive industry, and hoped that Hinopak will continue its journey towards its prosperity and for betterment of Pakistan as a whole.

Kunwar Idris, Chairman, Hinopak thanked the federal Minister for his visit to Hinopak. He expressed his views that Hinopak strongly believes that this visit will provide new opportunities that will help to meet the challenges being faced by the local industries.

Hideya Iijima, Managing Director & CEO, Hinopak said that the industry had declined in sales due to unfavorable economic conditions till the end of last year. He added that it is heartening that due to aggressive government policies, sales of automobile started growing since January this year. He also informed that Hinopak has made huge investments and technology transfer for the industry development.

Muhammad Irfan Shaikh, Director Sales & Marketing, Hinopak said that Pakistan Automobile Industry is facilitating the common people of the country by providing jobs. He added that increase in duties & taxes directly impacting the pockets of common people and disturbing daily routine life. He also briefed the federal minister about export activities, and said that by successfully meeting international standards in export quality, Hinopak in collaboration with its principals is continuously striving to tap other prospective markets such as Saudi Arabia, Qatar, Oman, Kuwait, Egypt, Bahrain, UAE, Jordan as well as many inquiries are in pipeline from Panama, Mozambique, Cost Rica and Sub Sahara countries. He mentioned that Hinopak has invested huge amount of money to renovate its body operation plant by keeping in view the expected orders of export from different parts of the world.

-Staff Correspondent