Hafeez Shaikh attends Indus Motors’ ceremony on completion of production of 500,000 vehicles

Islamabad, November 06, 2012 (PPI-OT): Federal Minister for Finance, Dr. Abdul Hafeez Shaikh attended the ceremony held at the occasion of completion of production of 500,000 vehicles by Indus Motors Company Limited in Karachi as Chief Guest. At the occasion, Honourable Chief Guest while congratulating IMC stated that impressive progress by Indus Motors Company has made it a flagship company in the county’s automobile sector and IMC is a key asset in nation’s vibrant auto industry.

The Federal Minister further stated that the automobile sector is contributing 1.5 percent to total Federal Board of Revenue’s collection and is major source of employment in the country. The efficiency and productivity of this sector should be enhanced in larger interest of the country, he further added. The Finance Minister extended full support from government side and assured that for promotion of the automobile sector, every possible steps will be taken.

The said event started with ribbon cutting ceremony performed at the Indus Motors Plant by the Honourable Chief Guest Dr. Abdul Hafeez Shaikh. Yukitorhi Fono, Executive vice President, Toyota Motor Corporation Japan and Mr. Junro Shimiru, Chairman Toyota Motors Indus Company were also present at the occasion. Mr. Funo, Executive vice President, Toyota Motors Corporation Pakistan and Mr. Ali S. Habib, Chairman IMC thanked the Federal Minister for his presence and support.

For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +9251 925 2323 and +9251 925 2324
Fax: +9251 925 2325 and +9251 925 2326
Email: piopid@gmail.com

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