Pak Suzuki Motor Company Limited has shut down its plant due to government’s refusal to release completely knocked down (CKD) kits lying at the port, the company’s Head of Corporate Affairs informed ProPakistani earlier today.
The company’s CKD kits have been lying at the port for the last 45 days and due to this, Pak Suzuki is not only paying millions of rupees in detention and demurrage charges but also the government is not receiving any taxes and duties due to no production and sales.
The automakers official said the Pakistan Automotive Manufacturers Association (PAMA), Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) and the entire industry have requested the government to follow Auto Policy 21-26 otherwise new investors will not come and existing foreign direct investors (Auto Manufacturers) will remain in critical situation.
Several local parts manufacturers have already laid off thousands of employees due to no production at the plant, he added.
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Stop using the word Japanese car makers. They are just Japanese Auto assemblers. They are also known as Japanese Auto Mafia among Pakistani public. One one hand they tell the government that they are promoting localizalition. But they blackmail the government all the time by claiming that their assembly kits are stuck at port.
If they are producing most parts locally then why they need to import CKD (Completely knowndown units)?.
It is now crystal clear that the government has become insane, and it is following a policy of IMF via Muhammad Aurangzeb, Finance Minister, if to hold down the manufacturing of automobile in Pakistan, then government will do the delaying tactics like this holding the CKD at port. So, all businesses should not realize that if you want to start and resume or keep your business continued, then please try to read between the lines.