brother
Auto-translated

Pakistan to pilot UAE’s refurbishment-export model for used cars to boost exports

Pakistan to pilot UAE’s refurbishment-export model for used cars to boost exports

Pakistan is launching a pilot project to import, refurbish, and re-export used vehicles and auto parts, following the UAE's successful model. Backed by SIFC, it aims to boost exports and create jobs, with an initial investment of up to $30 million. Importantly, all refurbished vehicles must be re-exported and cannot be sold domestically. https://www.arabnews.com/node/2642767/pakistan

+33

Comments

Share your perspective with the community.

brother
Auto-translated

Finally some practical economic thinking. Creates jobs, brings investment. Hope it works out.

+1
brother
Auto-translated

Smart move. UAE's model works, and we have the labor force to make this happen. Could bring in some serious forex if scaled properly.

0

Add a new comment

Log in to leave a comment