Pakistan’s cement maker to assemble Belarus tractors in Balochistan

In a strategic move, Thatta Cement Company Limited (THCCL) announced that its wholly owned subsidiary, Minsk Work Tractor & Assembling (Private) Limited, has signed an exclusive agreement with Belarus-based OJSC Minsk Tractor Works to assemble and locally produce Belarus tractors in Balochistan, Pakistan. The listed cement-maker said in a development to the Pakistan Stock Exchange (PSX) on Monday. “Thatta Cement Company Limited is pleased to announce that its wholly owned subsidiary, Minsk Work Tractor & Assembling (Private) Limited, has entered into an exclusive agreement with OJSC Minsk Tractor Works, Republic of Belarus, for the assembly and local production of Belarus tractors in Balochistan,” read the notice. “Under the terms of the exclusive agreement, OJSC Minsk Tractor Works has granted MWTA the exclusive rights to assemble Belarus tractors in Balochistan,” it said.