PRESS RELEASE

Chairman Jin Yongsheng and CEO Omar Saeed called on PM Shehbaz Sharif to thank him for the government's support to the tyre industry.

Service Long March Tyres has committed a further investment of Rs 30b to double its capacity and to increase exports to $100m in 2025.

Service Long March Tyres has also shown an intent to invest a further amount of Rs 30b to start a new project exporting specialised tyres from Pakistan to EU and USA.

PM Shehbaz Sharif promised continued support from all departments and instructed relevant ministries to help export led growth in the country.

The meeting was attended by the Finance Minister, Commerce Minister, Minister for Privatisation and Investment, Information Minister, Secretary to PM, Secretary Commerce and Secretary BOI.

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Service Industries Ltd. published this content on 13 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2024 09:57:06 UTC.