First batch of locally made SUVs exported

Master Changan Motors Ltd (MCML) has become the first company to export Made-in-Pakistan 14 Oshan X7 SUVs to Kenya for onward sale to Kenyan and Tanzanian markets. Last year, the first sample unit was also exported to a country in the Oceania region. This major milestone was achieved on the 10th anniversary of the China-Pakistan Economic Corridor (CPEC), thus setting an example of the deep economic cooperation between the two countries. At a ceremony held at MCML’s Port Qasim plant on Thursday, CEO Danial Malik said Kenya and Tanzania are one of the many countries where MCML plans to leave its mark and looks to expand export volumes. Changan Automobile China, he said, plans to invest $10 billion in the overseas market, with a product focus on intelligent low-carbon core technology. Changan’s focus is to increase its global footprint to Europe, America, Middle-East and Africa, Asia Pacific and CIS, entering 90pc of the global markets by 2030.