Prime Minister’s Special Assistant on Finance, Revenue and Investment, Haroon Akhtar Khan, chaired a high-level meeting with tractor manufacturers and investors to discuss plans for setting up a Belarus tractor assembly line in Pakistan.
The meeting was attended by representatives of private tractor investors, Margalla Heavy Industries Limited, Heavy Industries Taxila, and Green Corporate Initiatives.
Discussions focused on establishing an assembly line for 57 to 80 horsepower Belarus tractors in Pakistan. Officials highlighted that such a move would strengthen agricultural productivity and provide farmers with more efficient machinery.
Haroon Akhtar Khan said that a business-to-business partnership with Belarus in tractor assembly could prove to be a game-changer for Pakistan’s agriculture and industrial sectors. He stressed that investors would be encouraged to set up a local CKD (Completely Knocked Down) plant for higher-horsepower tractors, ensuring long-term sustainability and job creation.
“Some investors have already shown strong interest in Belarus tractors, and I encourage more stakeholders to come forward and invest in this sector,” Khan remarked.
Sources revealed that the market potential for Belarus tractors in Pakistan could reach up to 2,800 units over the next five years, making it a lucrative venture for both local and foreign investors.
Khan added that a formal agreement with Belarus on tractor production would bring significant benefits for the farming community by increasing productivity and reducing costs.
