Greenfield tyres project has been launched with the support of Special Investment Facilitation Council

ISLAMABAD, Dec 29 (SABAH): With the support of Special Investment Facilitation Council, Greenfield tyres project has been launched to increase the local manufacturing of international standard tyres.

International Finance Corporation and local banks have invested up to 50.2 million dollars for this project to be set up in Gharo, Sindh.

The project will help meet the needs of local market through increased manufacturing of high quality, affordable tyres and will also increase exports.

This project will create over 1,800 jobs and will increase the competitiveness of the sector through technology transfer.