The International Auto Asia Exhibition is the most promising annual trade show of auto, auto parts and accessories in Pakistan. The auto sector of Pakistan has shown exponential growth in the past few years and with the growth in economy & poverty alleviation, the trend is likely to increase further in the years to come. Auto Asia Exhibition is poised to showcase emerging technologies developed in Pakistan and abroad in the automobile & allied sectors and aims to focus on the immense potential of the automobiles, other transportation modes, auto-parts, accessories & related services to cater to the requirements of Pakistan and International markets.
Pakistan, The Regional Business Hub
Pakistan - the land of numerous unexplored opportunities has recently earned a good name in the international market for being a vibrant and progressive developing country in the world. The Government of Pakistan has adopted a liberal investment policy to attract maximum foreign investment, where foreign investors can hold up to 100% equity in several economic sectors. As a result, the foreign direct investment in the Country has increased substantially over the past few years, thus differentiating Pakistan from many other countries of the region. Also, the vital indicators of Pakistan's economy have shown extraordinary improvement such as enhanced GDP and GNP, increased foreign exchange reserves, skyrocketing stock market performance, stable Pakistani currency and improved balance of payments. Per capita income has crossed US$ 925 in 2013. Pakistan's economy is gaining more strength with each passing year, underpinned by a buoyant private sector. The world is witnessing the real GDP of Pakistan maintaining a steady growth at one of the fastest rates in the history of the Country and among the highest in the economies of the world. The international trade is increasing owing to revolutionary changes in tariff structures, better international relations and growing domestic demands, both at the industrial as well as consumer levels. The foreign exchange reserves are maintained at a respectable level. Major investments are underway in Engineering & Automobile manufacturing sector, ports and communication infrastructure, telecommunication, information technologies, developing newer sources of energy and power generation to meet the increasing demands. The current pace of development in Pakistan is no miracle but is the result of a dedicated and continuous effort by the Government of Pakistan through implementing policies for deregulation, liberalization and privatization.