At a ceremony held on 25th July 2017, at Royal Palm Golf and Country Club, Lahore, Premval (Pvt) Ltd – a wholly owned subsidiary of VPL Limited – has delivered 40 Golden Dragon Buses to Daewoo Express. The ceremony was attended by Mr. Jiang Yonghui, President Golden Dragon, Mr. Sheheryar Chishty, CEO Daewoo Express, Mr. Konoz Mohiuddin, Chairman Premval and senior management of Daewoo Express, Golden Dragon and Premval. Distinguished guests included partner banks of Daewoo Express and Premval. Daewoo Express also signed a long-term cooperation agreement with Golden Dragon and Premval for expansion of their fleet.
“We are delighted to add these new buses to our fleet, as this is the largest single order placed by Daewoo Express in the inter-city segment for quite a few years,” said Mr. Sheheryar Chishty, CEO Daewoo Express “They look superb and will go into service straight away — operating from Lahore, Faisalabad, Multan and Rawalpindi.” “We aim to stand out amongst luxury bus providers in Pakistan by maintaining highest quality standards and meeting long term requirements of our customers” said Mr. Jiang Yonghui, President Golden Dragon.
“This order reflects Daewoo’s confidence in Premval and we are committed to move forward by providing continued support and quality solutions to Daewoo Express” said Mr. Waqar Asghar, CEO Premval. “We have worked alongside Golden Dragon for a long time and that is clearly demonstrated in the quality of the buses. This is a big delivery for Golden Dragon and hopefully a platform for future growth in this segment. We will only get better from here onwards.” said Mr. Uzair Shahid, Country Manager Buses at Premval.
These buses have been specially manufactured as “Daewoo Dragon” for Daewoo Pakistan Express Bus Service. Developed on a special assembly line for production of Europe-bound buses at Golden Dragon factory in Xiamen. The new buses are powered by 380HP Yuchai 10.5L EURO III compliant diesel engines and connected with ZF gearbox from Germany.
These are specifically designed to achieve high reliability, excellent drivability and low fuel consumption. The buses are the first 12.7 meter buses in Pakistan with 45 seats translating into higher revenue for operators and also allowing extra leg room to make travel experience more comfortable. These buses are expected to change perceptions surrounding Chinese products in Pakistan. Golden Dragon ranks among the top players in China’s coach industry, specialized in developing, manufacturing and selling medium-large sized luxury buses and light vans.