Pak Suzuki Motor Co. Ltd on Thursday said it has shut down its plant due to the government’s refusal to release its CKD (Completely Knocked Down) kits from the port, resulting in billions of rupees in detention and demurrage charges.
Pak Suzuki’s Head of Corporate Affairs Shafiq Ahmed Shaikh said CKD kits have been lying at the port for 45 days, disrupting production.
“The government is also not receiving any taxes and duties due to no production and sales,” Shaikh stated.
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“The industry has requested the government to follow the auto policy 2021-26, otherwise, new investors will not come and existing ones will also face a critical situation.”
However, an official at the Engineering Development Board (EDB) told media that the issue arose as Pak Suzuki is currently “non-compliant with known safety regulations”.
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