"Master Motor has been importing Iveco trucks but now the company has decided to start its assembling from the middle of this year," he added.
Furthermore, he said that Iveco vehicles and Foton and Fuso vehicles, which were already being sold in the country, were Ogra compliant and added that the company was starting production of Changan brand vehicles in Pakistan from next month.
"This joint venture between Master Motor and Changan Automobiles from China, set up with the initial investment of 100 million dollars, will provide 10 thousand direct and indirect employment opportunities," Danial said.
Moreover, he said that they had already established 10 dealerships in major cities of Pakistan while this dealership was our first 5-S facility.
Meanwhile, Nadeem Malik, Managing Director, Master Motor Corporation Ltd (MMCL) said that Master Motor had taken a step further in pursuit of providing quality products and services to the customers by inaugurating its first state-of-the-art 5-S facility and showroom at SITE, Karachi.
"This 5-S facility will serve the purpose of facilitating commercial and private customers while bringing industry and customers closer," said Nadeem.
The MMCL''s range of vehicles were displayed at the event as the company plans to offer an exciting range of Passenger vehicles, SUVs, MPVs, LCVs, trucks and buses in collaboration with global giants like FOTON, CHANGAN, FUSO and IVECO with a nationwide after sales service.