Malaysia to open car plant in Pakistan next year

High Commissioner of Malaysia, Ikram Bin Mohammed Ibrahim on Monday handed over Malaysia’s top-rated vehicle Proton X70, a gift sent by Malaysia’s Prime Dr Mahathir Mohamad for Prime Minister Imran Khan. (Photo Courtesy: Social Media)
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Updated 06 February 2020
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Malaysia to open car plant in Pakistan next year

  • Symbolic groundbreaking took place during Mahathir’s visit to Islamabad in March
  • Malaysia plans to explore other investment opportunities in Pakistan’s engineering sector – Mahathir

ISLAMABAD: The Proton car gifted to Prime Minister Imran Khan by Malaysia’s premier, Mahathir Mohamad last year, was most likely the first Southeast Asian vehicle to arrive in Islamabad. But more of them are expected to hit the roads of Pakistan as Proton is about to enter the market.

The sale of Malaysian-made vehicles and their future assemblage in Karachi was confirmed during PM Khan’s visit to Kuala Lumpur on Tuesday.

“Both leaders recalled the symbolic groundbreaking of the Proton Assembly Plant jointly officiated in Islamabad on 22 March 2019 and were pleased to note the progress made at the facility in Karachi, scheduled for completion in the first half of 2021,” the Pakistani Foreign Office said in a press release on Wednesday.

The Karachi facility will be Proton’s first factory in South Asia.

Malaysian-made Protons will enter the Pakistani market in the second half of this year, while the assembly and sale of Pakistan-made Proton vehicles are set to be launched in the first half of 2021, according to the statement.

In reference to the development, Mahathir said Malaysia is going to explore other investment opportunities in Pakistan’s engineering sector, Malaysian state-owned news agency Bernama reported on Tuesday.

“We realize that Pakistan has a huge population of 200 million and of course many of their needs can be addressed in Pakistan itself in collaboration with Malaysia,” he said, as quoted by Bernama.
During his three-day trip to Pakistan in March last year, the Malaysian prime minister symbolically presented to Khan the X-70 Proton – the company’s flagship SUV. The vehicle arrived in Pakistan in mid-December and was handed over to the Pakistani government by the Malaysian High Commission.

Proton Holdings was established by Mahathir in 1983as Malaysia’s first national car producer.


Pakistan finance chief calls for stronger emerging market voice during Saudi conference

Updated 12 February 2026
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Pakistan finance chief calls for stronger emerging market voice during Saudi conference

  • Aurangzeb tells Saudi state media developing economies must assume larger global role
  • Minister says AlUla conference can strengthen coordination among emerging economies

KARACHI: Pakistan’s Finance Minister Muhammad Aurangzeb on Thursday called for developing economies to play a greater role in shaping global economic governance in an interview on the sidelines of the AlUla Conference for Emerging Market Economies in Saudi Arabia.

The conference, hosted by the Kingdom’s Finance Ministry, brings together top government functionaries, central bank governors and policymakers from emerging markets to discuss debt sustainability, macroeconomic coordination and structural reforms amid global economic uncertainty.

In a conversation with the Saudi Press Agency, Aurangzeb described the conference as a timely platform for dialogue at a moment of heightened geopolitical tensions, trade fragmentation and rapid technological change, including advances in artificial intelligence.

“It is not merely about discussions but about translating deliberations into concrete policy actions and execution over the course of the year,” he said, according to a statement circulated by the Finance Division in Islamabad.

The minister said emerging markets’ growing share of global output and growth should be matched by greater influence in international decision-making.

He noted these economies must strengthen collective dialogue and coordinated policy responses to address shared challenges, adding that the global landscape had evolved significantly since the inaugural edition of the conference.

Aurangzeb expressed confidence that the outcomes of the AlUla Conference would contribute to strengthening coordination among emerging economies and reinforcing their collective voice in shaping a more inclusive and resilient global economic order, the statement added.