KARACHI: Yousuf Dewan Companies, one of the Pakistan’s most prominent business houses, entered into a joint venture with the Kolao Group of South Korea in April 2016, a statement said on Monday.
The new joint venture company, Daehan-Dewan Motor Company, unveiled Daehan Shehzore, the immensely popular pickup, as it resumes vehicle production at its automobile assembly plant in Sujawal, Sindh, it added.
The factory, rated at 20,000 units/annum on double shift basis is one of the best in Pakistan equipped with CED paint-shop with painting robots, a technology that ensures complete rust protection and high-quality painting.
This development was made possible after Dewan Farooque Motors Limited (DFML) received the coveted Brownfield status from the Ministry of Industries and Production. The unveiling of Daehan Shehzore pickup took place at Mohatta Palace Museum, Karachi in a grand ceremony on February 25, the statement said.
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