Daewoo Express, Saudi Pak Consortium to finance Rs. 2,000 million, for EV and Euro III intercity Buses

Daewoo Express, Saudi Pak Consortium to finance Rs. 2,000 million, for EV and Euro III intercity Buses

ISLAMABAD, Dec 22: Daewoo Pakistan Express Bus Service Limited (Daewoo Express) has signed a landmark agreement with a consortium of Development Financial Institutions (DFIs), led by Saudi-Pak Industrial and Agricultural Investment Company Limited, to secure a 5-year lease financing facility worth Rs 2,000 million. The funding will facilitate the procurement of Electric Vehicles (EV) and…

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