The Malaysian automaker, Proton Holding has signed an agreement with Pakistan’s Al-haj Automotive Private Limited, to produce and assemble its electric and eco-friendly cars in Pakistan. According to local media reports, the deal is expected to bring in an investment of $200-300 million in the country. The deal would make Al Haj the exclusive distributor of Proton automobiles in the country. As per the agreement, Al-Haj would bring modern and high-tech automobiles in different categories i.e. entry and mid-level sedans, crossovers/sports utility vehicles, multi-purpose vehicle and hatchbacks. Last year, Al-Haj Faw Motors (Private) Limited, a collaboration between Faw China and Al-Haj Motors, started assembling Faw V2, a 1,300cc hatchback, at its assembly plant in Karachi, becoming the forst Chinese car to be assemble in the country currently dominated by three Japanese carmakers. Just months back, Al Haj FAW motors increased the price of its vehicles in Pakistan for the fourth time this year, amid devaluation of Pakistani rupee against dollar.