Chinese auto manufacturer keen to form JVs

China’s Wuxi Shengbao Vehicle Manufacturing Company has voiced interest in setting up joint ventures in Pakistan to produce two-wheelers for local buyers and export markets, Business Recorder reported. General Manager Yang Zong presented the company’s OPAI-branded vehicles during a Thursday meeting with Islamabad Chamber of Commerce and Industry (ICCI) representatives.

ICCI President Mohammad Zikria Akbar Zia urged cooperation on electric motorcycles, local assembly, technology transfer and gradual component localisation. He said partnerships could support domestic supply chains, technical skills, employment and exports, while ICCI offered to connect the Chinese delegation with Pakistani manufacturers and investors and provide a platform to display its products. No joint venture agreement or investment commitment was announced. The delegation also discussed research and development, worker training and opportunities to establish Pakistan as a production base for regional and international markets.