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Pakistan

Fawad Chaudhry invites Elon Musk to build next Gigafactory in Pakistan

The minister invited the tech mogul to setup a factory in Pakistan, highlighting several incentives the country has
Published January 6, 2020
  • The minister invited the tech mogul to setup a factory in Pakistan, highlighting several incentives the country has to offer.
  • He said in his tweet that Pakistan offers 10 years zero tax facility and custom free import for factory setup, while it also boosts world's third biggest freelance software exporters.

Federal Minister for Science and Technology Fawad Chaudhry has invited South African entrepreneur and Tesla CEO Elon Musk to build his next Gigafactory in Pakistan.

In a tweet, the federal minister invited the tech mogul to setup a factory in Pakistan, highlighting several incentives the country has to offer.

“Dear Elon Musk, your next destination may be Pakistan, 68 percent of the world's population lives within 3.5 hours flight radius from Islamabad, we offer 10 years zero tax facility and custom free import for factory setup, no other country may offer, plus we are world's third biggest freelance software exporters,” said Chaudhry.

The federal minister also shared a news about Tesla's plans to build half a million electric vehicles a year at its future factory outside Berlin. The electric vehicles manufacturer wants to construct Model 3 and Model Y vehicles at the site in Gruenheide, situated south-east of Berlin, the factory will also build “future models.”

The so-called Gigafactory - Tesla’s fourth - will include facilities to assemble entire electric vehicles, including the production of batteries.

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