The Commercial Truck Market of Pakistan is set to flourish with the distribution agreement signed between Premval (Pvt) Ltd. and SHACMAN Trucks, a brand name under Shaanxi Automobile Holding Group. This new agreement will benefit a number of businesses along with improving the economy as a whole.
Firstly, it will provide an opportunity to engage in the Commercial truck market which is growing at a rapid pace. This market provides easy accessibility along with a better form of logistics for a number of businesses. Secondly, there will be greater opportunities present due to the China Pakistan Economic Corridor (CPEC) which can be utilized using the new SHACMAN Trucks.
The SHACMAN trucks will be available for sale immediately while the formal product launch is set for the third quarter of 2017.
The formal Distributor Agreement was signed by Mr. Zhang Hai Gang, Vice General Manager, SHACMAN and Mr. Konoz Mohiuddin, Chairman VPL. The agreement is in effect immediately.