Project launched to boost local manufacturing of standard tyres

ISLAMABAD: Supported by the Special Investment Facilitation Council, the Greenfield Tyres project has been initiated to boost local production of internationally-standard tyres.

The International Finance Corporation and local banks have invested up to 50.2 million dollars to establish the project in Gharo, Sindh.Punjab Expands CM Free Wi-Fi Project to Multiple Cities

This initiative will address the demands of the local market by increasing the production of high-quality, affordable tyres and will also enhance exports. Additionally, the project is expected to create over 1,800 jobs and improve the sector’s competitiveness through technology transfer.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *