Well-known rickshaw manufacturer, Sazgar Engineering Works Ltd, has been awarded the Category ‘A’ Greenfield Investment Status by the Ministry of Industries and Production of Pakistan.
This means that the company now has the approval to manufacture passenger, off-road and commercial vehicles in Pakistan. The vehicles will be assembled/manufactured under the brand name ‘’BAIC’’.
BAIC Motor Corporation Limited, along with subsidiaries, manufactures as well as sells passenger vehicles in China. The auto-maker assembles a wide range of sedans, and SUV, MPV, CUV, and new energy vehicles. Not to forget it also offers engines, powertrains, and automobile parts and components.
As of now, the company sells products under the following labels:
- Beijing Brand
- Beijing Benz
- Beijing Hyundai
- Fujian Benz
Beijing Baidu Netcom Science and Technology Company Limited and BIAC Motor Corporation Limited have a strategic cooperation framework agreement.
Sazgar is leading the market in Pakistan and also exporting to international markets, we have yet to see what the manufacturer does with its new venture.
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