MG Motor announces USD20m investment

In a major vote of confidence in Pakistan’s economic outlook and industrial potential, MG Motor Pakistan, backed by global automotive giant SAIC Motor, has announced a USD 20 million investment to expand its vehicle manufacturing plant. The expansion is set to introduce advanced automotive technologies to Pakistan and will support the company’s plans to broaden its product lineup through the launch of new vehicle models. This initiative will generate new employment opportunities while strengthening the local automotive supply chain and supporting the continued development of Pakistan’s manufacturing ecosystem. “This investment reflects our long-term confidence in Pakistan’s economic potential and its rapidly evolving automotive ecosystem,” said CEO of MG Motor Pakistan, Shao Jian Qiang.