Bestway Cement to Invest Rs.10 Billion in Pakistan Auto Sector

Bestway Cement to Invest Rs.10 Billion in Pakistan Auto Sector

Bestway Cement Limited (PSX: BWCL) has announced that it will set up a new private limited subsidiary to step into Pakistan’s automobile industry.

The decision was taken in an emergency board meeting held on September 19, 2025. The company will invest a total of Rs.10 billion in the project.

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Investment Breakdown

According to the notice shared with the Pakistan Stock Exchange (PSX):

Rs.4 billion will be invested as equity.

Rs.6 billion will be provided as a shareholder loan.

The update was confirmed by Company Secretary Hassan Niazi.

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Subject to Shareholder Approval

This investment still needs shareholder approval under:

Section 199 of the Companies Act, 2017

The Companies (Investment in Associated Companies or Associated Undertakings) Regulations, 2017

Only after these approvals will the new auto subsidiary officially begin operations.

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Why It Matters

Bestway Cement is a leading name in Pakistan’s construction sector. Its entry into the automobile market shows how local companies are diversifying investments to strengthen Pakistan’s economy.

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📌 Conclusion

With a funding of Rs.10 billion, Bestway Cement is ready to expand beyond cement production and explore opportunities in the auto industry. This move could bring new business growth and job opportunities in Pakistan.