A distinguished Chinese conglomerate BYD Company Limited delegation recently met with Dr. Sohail Rajput, the Secretary of BOI (Board of Investment), expressing strong interest in investing in Pakistan’s burgeoning Electric Vehicle (EV) sector.
Comprising Cai Xiao Xu, the Head of Dealer Development (South Asia), and Lei Jian, the Country Head for Pakistan, the delegation highlighted BYD Company’s global standing as a Fortune 500 entity and a leading figure in EV manufacturing, spanning automotive, rail transit, new energy, and electronics industries.
A delegation from @BYDCompany China, comprising Mr. Cai Xiao Xu, Head of Dealer Dev. (S. Asia), and Mr. Lei Jian, Country Head (Pak.), held a meeting with the Secretary (BOI), Dr. Sohail Rajput wherein the company expressed its keen interest to invest in Pakistan's EV sector. 1/4 pic.twitter.com/mQH5tmrKvG
— Board of Investment, Pakistan (@investinpak) November 23, 2023
This visit, facilitated by BOI, marks an exploratory venture for the delegation, aiming to engage in pivotal discussions with potential local partners. Dr. Sohail Rajput, in response, warmly welcomed BYD’s interest, acknowledging the significant role of EVs in Pakistan’s developmental landscape.
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Assuring the delegation, the Secretary of BOI affirmed the steadfast commitment of the Government of Pakistan to providing a conducive environment and robust support for foreign investors looking to contribute to the nation’s growth trajectory.
