The increasing appeal of the Pakistani automotive market will continue to attract more automakers, such as Sazgar Engineering Works, as its consumer base expands and the demand for new vehicles provides a supportive environment for new market entrants over our 2018-2022 forecast period.
Thailand's improving business environment and pipeline of projects in the energy and utility, construction and transport infrastructure sectors will help drive growth of 4.3% in new commercial vehicle sales in 2018.
Pakistan's automotive development policy will drive strong growth in vehicle production over our 2018-2021 forecast period. This will improve the markets reward opportunities and make Pakistan an attractive destination for automakers to set up local vehicle production operations.
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Thanks, BMI Research