Lahore: Chinese electric vehicle manufacturer “Leyton Auto Group” has announced the establishment of a plant in Punjab to manufacture small electric vehicles. A 15-member delegation led by the company’s general manager met with Provincial Minister for Industries and Commerce Chaudhry Shafie Hussain in Lahore, in which details of the project were discussed.

The Minister for Industries assured the delegation of the full support of the Punjab government and informed that facilities such as ten-year income tax exemption and duty-free import of machinery are being provided to investors for setting up plants in special economic zones.

Punjab is rapidly becoming a favorite center of foreign investors, where new investments are not only strengthening the economy but also creating thousands of job opportunities.

It may be recalled that Leyton Auto had filed for bankruptcy in China in 2023 and completed its restructuring in 2024.

According to experts, the company is now looking at Pakistan, especially Punjab, not only as a center for local........

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