LAHORE, Nov 30: Federal Minister for Industries, Production and Special Initiatives, Jahangir Khan Tareen on Thursday said Iranian companies should benefit from the opportunities in the fast-growing construction sector in Pakistan.

Talking to Iranian Industries Minister, Alireza Tahmasebi, who called on him here, Tareen appreciated his offer of Iranian investment in Pakistan's booming automobile sector.

“We will facilitate all the interested Iranian firms in this regard,” Tareen said.

He said the government had recently developed an auto policy for the promotion of this sector. The car production, which presently stood at 200,000 units, was expected to touch the 500,000 units mark in a couple of years.

Tareen said that the Iranian companies could also invest in sectors like textile etc. —APP

Opinion

Editorial

GB polls’ aftermath
11 Jun, 2026

GB polls’ aftermath

IT appears that the PPP is in a comfortable position to form the government in Gilgit-Baltistan after Sunday’s...
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...
Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...