ISLAMABAD, Aug 4: Foton Motors, a Chinese bus manufacturing company, would sign an MoU with the Sindh government on Saturday for provision and operations of 2,000 CNG buses in the province.

This was informed during President's meeting with a Chinese delegation of Foton Motors Group -- a commercial vehicle manufacturer of China -- headed by its Deputy President Ye Zhaoyou that called on him at Aiwan-i-Sadr on Thursday.

The delegation of Foton Motors Group included Zhang Jun, Global Marketing Director of Foton AUV Bus, Ms Liu Liran, GM of Holly Foton Co, Ltd, Ms Xu Qingli, Marketing Manager South Asia, Zhao Bin, Service Manager of Foton AUV Bus, Joseph Verghese, MD and CEO of Foton Pak and Perry T Blackerby, President, Foton America.

The Pakistan side included secretary-general to the President M. Salman Faruqui, Advisor to PM for Industries Mohammad Basharat Raja, Chairman, BoI Saleem H. Mandviwala and spokesperson to the President Farhatullah Babar besides other senior officials.The meeting was informed that Foton Motor Group of China established its Pakistan chapter in 2008 in Karachi and was undertaking its business operations since then in the country.

The company had designed modern buses for Pakistan with design feature to meet specific cultural and demographic needs of the country and with a special focus to power the buses with environment friendly fuel, such as CNG, LPG and hybrid diesel and H2.The President welcomed the visiting delegation and appreciated their interest in further exploring business opportunities in Pakistan in the field of bus industry.

The President said that their aim was to transform Pakistan into one of the most attractive investment destinations and provide all possible facilitation for promotion of business ventures.

Talking about the transport sector, the president appreciated the role of Foton Pak Bus Company in providing state of the art buses in the main cities of the country. However, he emphasised, that there was much room to further enhance its business operations in other parts of the country. He said that with increasing population in the cities, there was an urgent need for upgrading the existing transport network in the mega cities which in turn offers great investment opportunities to the national and international investors.—APP