Bestway Cement Diversifies with Rs10 Billion Investment into Pakistan’s Auto Sector

September 22, 2025

Bestway Cement Limited, one of Pakistan’s largest cement producers, has announced plans to enter the automobile sector with a major investment of Rs10 billion.

In a notice to the Pakistan Stock Exchange (PSX), the company revealed that its Board of Directors approved the incorporation of a wholly owned private limited subsidiary to undertake business and investments in the country’s auto industry.

As part of the plan, Bestway Cement will inject up to Rs4 billion in equity into the new subsidiary and provide a shareholder loan of up to Rs6 billion, subject to shareholder approval under Section 199 of the Companies Act, 2017.

The move comes at a time when Pakistan’s auto sector is witnessing renewed momentum. According to Pakistan Automotive Manufacturers Association (PAMA) data, car sales jumped 62% year-on-year and 27% month-on-month in August 2025, with total sales (including LCVs, vans, and jeeps) reaching 14,050 units. Truck sales also surged 140% year-on-year, highlighting a robust demand trend.

Bestway Cement, incorporated in 1993, is primarily engaged in the manufacturing and sale of cement. The company operates as a subsidiary of Bestway International Holdings Limited (BIHL), which owns 56.43% of its shares, while BIHL itself is a subsidiary of Bestway Group Limited (BGL), the ultimate parent company.

The diversification into autos marks a strategic milestone for Bestway Cement as it looks to leverage opportunities in one of Pakistan’s fastest-growing industries.