The Rawal Industrial Equipment and Malik Group of Companies have entered into an agreement to assemble Chinese origin heavy transport vehicles in Pakistan including trucks and buses. Chairman and CEO of Malik Group of Companies Malik Khuda Baksh and CEO of Rawal Industrial Equipment Farrukh Kamal signed the MoU for the establishment of the plant at Daudkhel Near Kalabagh in District Mianwali. Cost of the Project is 7 to 10 million US Dollars
Speaking on the occasion, Chairman and CEO of Malik Group of Companies Malik Khuda Baksh said that the main reason his company had entered into the agreement was the massive demand for buses for public transportation in urban parts of Sindh including specialised vehicles required for the proposed Bus Rapid Transit System in Karachi. The assembly plant will start its production by the end of current year. This unit would initially create up to 5,000 job opportunities. One of the prime productions of this assembly plant would be luxury buses whose demand in the country would increase with increasing tourism prospects in Pakistan. Trucks, tankers, excavators, prime movers, earth moving machinery, and related technology will also be assembled at the plant.
The assembly plant in Daudkhel Near Kalabagh will produce 600 Sunlong buses per annum, 5000 Shacman trucks, 10,000 CIMC-RJST Semi trailers and Tankers.