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M4 Carbine manufactured locally by SME Ordnance. SME Ordnance was formed in 1969 as a joint venture company with equity participation between the Government of Malaysia, Dynamit Nobel of Germany, Oerlikon Machine Tools of Switzerland and two local partners namely Syarikat Permodalan Kebangsaan and Syarikat Jaya Raya Sdn Bhd. [4] The Malaysian government later acquired all shares in 1974 ...
The company is headquartered in Shah Alam, Selangor, and operates additional facilities in Proton City, Perak. Proton began manufacturing rebadged versions of Mitsubishi Motors (MMC) products in the 1980s and 1990s. Proton produced its first indigenously designed, non-badge-engineered car in 2000 with a Mitsubishi engine.
Ghandhara Nissan forms one of several companies of Bibojee Group. In 2016, Renault announced to start assembling cars in Pakistan by 2018 in collaboration with Ghandhara Nissan, [8] [9] and collaborated with new partner Al-Futtaim Group of United Arab Emirates (UAE) but shelved the project later on. [10] [11]
Name Headquarters Assets (2021) Industry Net income (2021) Habib Bank Limited: Karachi: US$26.3 billion [6]: Banking: US$217 million: Pakistan State Oil: Karachi
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
In 2012 DH Corp. acquired shares of Hub Power Company (HUBCO), the first and largest independent power producer in Pakistan with a power generation capacity of 2920 MW. [9] In 2015, DH Corp. sold its fertilizer manufacturing company to the Fatima Fertilizer Company. [10] The shares of Hubco were sold in 2018. [11]
Hyundai used to assemble cars in Pakistan until 2004, when their local partner Dewan Farooque Motors went bankrupt. [ 6 ] Hyundai Nishat Motor signed an investment agreement with the Ministry of Industries and Production under the Automotive Development Policy 2016-21 .
MG Motors in Pakistan faced a delay in spare parts supply, which led to a backlog of customer orders and potential production disruptions. According to a report, the company was taking measures to address the issue, including working with its suppliers and expediting shipments.