The SIFC used cars export plan is gaining attention as Pakistan looks for new ways to increase exports. The proposal suggests importing used vehicles, refurbishing them locally, and then exporting them to international markets.
The SIFC used cars export plan is part of the upcoming auto policy for 2026-31. Officials believe this model can turn into a profitable industry. It follows the example of Dubai’s Jebel Ali framework, which has proven successful in global trade.
Under this plan, registered companies will be allowed to import used cars, upgrade them in Pakistan, and export them within a fixed period. The vehicles will not be allowed to enter the local market. This step aims to protect domestic buyers while focusing on exports.
The SIFC used cars export plan also includes incentives under the Export Facilitation Scheme. These benefits are expected to attract investors and help set up modern refurbishment facilities. Authorities hope this will create jobs and generate significant foreign exchange.
Companies interested in this business must meet strict requirements. They need proper registration, financial strength, and technical expertise. They must also get approval from the relevant ministries and prove they have the right infrastructure.
According to the proposal, each imported vehicle must be re-exported within nine months. Extensions may be granted in special cases, but strict rules will apply. If companies fail to meet deadlines, they may face action under existing laws.
The plan is still under discussion and will move forward after talks with the International Monetary Fund. Once finalized, it will go to the federal cabinet for approval.
Officials believe this strategy can help Pakistan enter the global automotive supply chain. The SIFC used cars export plan could open new doors for trade and support long-term economic growth.