President Mamnoon Hussain says auto industry has great potential to excel in Pakistan.

He was addressing the opening ceremony of the Distinguished Innovations, Collaboration and Entrepreneurship Automotive Conference in Islamabad on Thursday.

He called upon the policymakers and stakeholders to devise a comprehensive strategy to take this industry to new heights.

He said development and stability of industries lies in the use of modern technology and creativity.  

About China-Pakistan Economic Corridor, the President said the project will prove to be a game changer for the whole region particularly Pakistan.  

He said significance of Gwadar Port will increase manifold after becoming operational.    

The President also inaugurated the NUST-DICE Automotive Innovation Centre.

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