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Sazgar gets greenfield investment status

The Newspaper's Staff Reporter Published July 3, 2021
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KARACHI: The Minis­try of Industries and Prod­uction has awarded the ‘Category A, Greenfield Investment Status’ to Sazgar Engineering Works Ltd and approved Great Wall Motors Company Ltd as second principal for the assembly of GWM ‘Haval’ vehicles in addition to ‘Baic’ vehicles.

In a stock filing on Fri­day, the company said it ex­­­pects to commence comme­rcial production of Haval vehicles up to June 30, 2022.

Published in Dawn, July 3rd, 2021

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