KIA Completes Its Assembly Plant in Pakistan at a Cost of Rs. 20 Billion

KIA has finished setting up its plant in Pakistan at a cost of Rs. 20 billion and within a timeframe of 1.5 years, claims the Chief Operating Officer (COO) of KIA.

The plant is a joint collaboration between KIA and the Yunus Brothers Group and has the capacity to produce 50,000 units. Recently, KIA has launched 18 dealership agreements in 11 cities across the country.

The COO stressed that they were aiming to boost the standards of the automotive sector in Pakistan. He further underlined the importance of the sector with regards to the economy of Pakistan and how it is beneficial for the country.

So far, KIA has introduced three models in Pakistan including Sportage, Grand Carnival, and Picanto. The Sportage is a compact SUV – the first locally assembled SUV with a panoramic sunroof. The Grand Carnival is an MPV and Picanto is a small family hatchback.