• Thursday, December 13, 2018

NLC, Daimler AG sign MoU for assembly of Mercedes-Benz trucks in Pakistan

Discussion in 'Pakistan Economy' started by ghazi52, May 6, 2018.

  1. ghazi52

    ghazi52 ELITE MEMBER

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    NLC, Daimler AG sign MoU for assembly of Mercedes-Benz trucks in Pakistan


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    Development comes as demand of commercial vehicles increases due to CPEC. PHOTO: AFP

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    RAWALPINDI: The National Logistics Cell (NLC) has signed a memorandum of understanding (MoU) with Daimler AG -the German automotive corporation that owns Mercedes-Benz – for the local assembly and production of Mercedes‐Benz trucks in Pakistan.

    The MoU was signed on behalf of NLC by Major General Mushtaq Faisal, the director general, and Zia Ahmed, chief executive officer of Pak NLC Motors. On behalf of Mercedes‐Benz Special Trucks, Klaus Fischinger, head of the executive committee, and Dr Ralf Forcher, head of sales, signed the MoU.

    Also present at the signing ceremony were Naseem Shaikh, director and general manager at Shahnawaz Limited, and Ahmed Naeem of Shahnawaz Limited, the authorised distributor of Daimler AG in Pakistan.

    In a statement issued on Saturday, NLC said the local assembly of Mercedes‐Benz trucks will mark a major shift in the logistics and transportation industry’s preference towards European manufacturers who offer technologically advanced products that combine superior performance, environment friendliness, reliability and road safety.

    Major General Faisal termed the MoU a historic moment for Pakistan’s commercial vehicle industry. “The local assembly of Mercedes‐Benz trucks would prove as a strategic opportunity that would leverage the modernisation of Pakistan’s logistics industry,” said the official.

    “Because of the incentives given in the Auto Development Policy 2016‐21, locally-assembled Mercedes‐Benz trucks would be offered at competitive prices.”

    He added the development will ensure healthy competition in the trucking industry and meet the logistics requirements of the China-Pakistan Economic Corridor (CPEC).

    Dr Ralf Forcher, head of sales at Mercedes‐Benz Special Trucks, said Pakistan’s infrastructure and construction sectors have registered significant growth in recent years, giving a boost to the logistics industry that, in turn, means increased demand for commercial vehicles.

    It is pertinent to mention that strong growth in Pakistan’s GDP has contributed towards a significant boost in greater demand for commercial vehicles. In addition, CPEC, which includes a wider transportation network that link seaports in Gwadar and Karachi with northern Pakistan, as well as points further north in China and Central Asia, has given a boost to the auto sector in the country.
     
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  2. N.Siddiqui

    N.Siddiqui SENIOR MEMBER

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    The Newspaper's Staff ReporterUpdated May 06, 2018



    The MoU was signed on behalf of NLC by its Director General Major General Mushtaq Faisal and Pak NLC Motors CEO Zia Ahmed while Mercedes-Benz Special Trucks was represented by Klaus Fischinger, Head of Executive Committee and Dr Ralf Forcher, Head of Sales at Woerth, Germany. It is considered that local assembly of these trucks will mark a major shift in the domestic logistics and transportation industry towards the European manufacturers who offer technologically advanced products that combine superior performance, environment friendliness, reliability and road safety.

    The incentives given in the Auto Development Policy 2016-21 have been instrumental for establishing local assembly of Mercedes-Benz trucks in Pakistan and its success will ensure a healthy competition in the industry as well as meet the logistics requirements of China Pakistan Economic Corridor, said Faisal. He added that it will bring qualitative change in local vendor industry and will provide new jobs.

    Forcher said “Pakistan’s infrastructure and construction sectors have registered significant growth in recent years having a direct effect on the logistics industry as it gives rise to an increased demand for commercial vehicles”.



    https://www.dawn.com/news/1405914/mou-signed-to-produce-mercedes-benz-trucks-in-pakistan
     
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  3. N.Siddiqui

    N.Siddiqui SENIOR MEMBER

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    Launching ceremony of Yutong Master ZK 6127HS (Assembled in Pakistan).

    Faisal Movers is the 1st operator to get them.

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    Commercial vehicles brands assembled in Pakistan, some are imported in CBU and CKD conditions as well.

    Hino
    Isuzu
    Mitsubishi Fuso
    Dongfeng
    Sinotruk
    Master(Yuejin)
    Foton/Forland
    Daewoo Bus
    Daewoo
    Yutong
    Higer
    Zhongtong
    Sunlong
    Volvo
    Scania
    UD
    Shacman
    Hyundai
    FAW
    JAC
    MAN
    Norinco
    Golden Dragon

    Expected soon:
    Renault
    Iveco
    Chengdu bus

    Ministry of Industries and Production (MoI&P) has awarded Greenfield status to M/s Master Motors Limited. The number of companies which have been awarded Greenfield status is now eight.
    If there was one area where Pakistan did well, it was the auto sector. The country’s automobile sector tries to keep up with the growing demand of consumers and investors are eyeing Pakistan as a key market.

    According to the notification, Master Motors is said to have signed an exclusive agreement with a Chinese automobile company Chongqing Changan Automobile Limited in this regard and the Greenfield investment status gives it an opportunity to enter the growing automobile sector of the country.

    Changan is a popular automobile maker in China known for its SUVs, compact vehicles and sedans including CS series SUV, Raeton series, Eado series, and Alsvin series; and Oushang, Honor, and Eulove MPV products.

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    First locally assembled units of JAC X200 rolled out of Gandhara Nissans plant yesterday

    Price: 1,620,000
    [​IMG]thats 200k+ less than new shehzore

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    IMC sources 126 million local Auto parts every day

    https://profit.pakistantoday.com.pk/...rts-every-day/

    ISLAMABAD: “Indus Motor Company (IMC) sources 126 million local parts every working day and if you touch the Corolla, there is a 90% chance that you are touching a locally manufactured part.” This was stated by the Senior Director of IMC Tariq Ahmed Khan while speaking at Pakistan Auto Parts Show (PAPS).

    “The true growth of the industry lies in self-reliance and localisation and as an auto manufacturer based in Pakistan, our vision is to make for Pakistan, in Pakistan and with Pakistan,” Tariq added

    IMC is the platinum sponsor of the annual auto parts show organised by Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM).

    “The contribution of the auto industry to the economy of Pakistan cannot be underestimated as IMC alone contributes 1 per cent of the total revenue collection by the National Exchequer,” he added.

    “According to an independent research conducted in Pakistan, the automotive market demand is expected to reach 500,000 units by 2025. However, if the current trend of growth continues, we will cross this mark much earlier,” said Tariq.

    “Under ADP 16-21, new employment opportunities will be created and we are hopeful that this policy will generate employment for roughly 4 million people in Pakistan,” he added.

    He said that IMC is working to the best of its capabilities to realise the ADP 16-21 vision but to achieve this vision; a vibrant domestic manufacturing industry is needed along with conducive economic conditions and stable policies.

    “The increasing trade deficit coupled with pressures on the Pak Rupee, point towards a difficult time for local manufacturers in Pakistan. Rising fuel prices, as well as regulatory duties, do not make the situation any better,” he added.

    He said that as part of our vision to develop Pakistan’s local automotive industry, we warmly welcome the new players and expect that they will play their part in localising critical vehicle components and drive growth in the local industry, generating employment opportunities for thousands and contributing significantly to the GDP of Pakistan.

    He congratulated PAAPAM on organising the Pakistan Auto Show and said that this has now become a great event in Pakistan assisting local vendors as they provide a platform to encourage investments.
     
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  4. Skies

    Skies SENIOR MEMBER

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    Nice Leap!
     
  5. Kabira

    Kabira ELITE MEMBER

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    RAWALPINDI:

    The National Logistics Cell (NLC) has signed a memorandum of understanding (MoU) with Daimler AG -the German automotive corporation that owns Mercedes-Benz – for the local assembly and production of Mercedes‐Benz trucks in Pakistan.


    The MoU was signed on behalf of NLC by Major General Mushtaq Faisal, the director general, and Zia Ahmed, chief executive officer of Pak NLC Motors. On behalf of Mercedes‐Benz Special Trucks, Klaus Fischinger, head of the executive committee, and Dr Ralf Forcher, head of sales, signed the MoU.

    Also present at the signing ceremony were Naseem Shaikh, director and general manager at Shahnawaz Limited, and Ahmed Naeem of Shahnawaz Limited, the authorised distributor of Daimler AG in Pakistan.

    Budget 2018-19: As non-filers barred from purchasing new vehicles, auto sector set for a surprise

    In a statement issued on Saturday, NLC said the local assembly of Mercedes‐Benz trucks will mark a major shift in the logistics and transportation industry’s preference towards European manufacturers who offer technologically advanced products that combine superior performance, environment friendliness, reliability and road safety.

    Major General Faisal termed the MoU a historic moment for Pakistan’s commercial vehicle industry. “The local assembly of Mercedes‐Benz trucks would prove as a strategic opportunity that would leverage the modernisation of Pakistan’s logistics industry,” said the official.

    “Because of the incentives given in the Auto Development Policy 2016‐21, locally-assembled Mercedes‐Benz trucks would be offered at competitive prices.”

    Auto companies say efforts being made to expedite vehicle delivery

    He added the development will ensure healthy competition in the trucking industry and meet the logistics requirements of the China-Pakistan Economic Corridor (CPEC).

    Dr Ralf Forcher, head of sales at Mercedes‐Benz Special Trucks, said Pakistan’s infrastructure and construction sectors have registered significant growth in recent years, giving a boost to the logistics industry that, in turn, means increased demand for commercial vehicles.

    It is pertinent to mention that strong growth in Pakistan’s GDP has contributed towards a significant boost in greater demand for commercial vehicles. In addition, CPEC, which includes a wider transportation network that link seaports in Gwadar and Karachi with northern Pakistan, as well as points further north in China and Central Asia, has given a boost to the auto sector in the country.
    https://tribune.com.pk/story/170318...n-mou-assembly-mercedes-benz-trucks-pakistan/
     
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  6. Muhammad Omar

    Muhammad Omar ELITE MEMBER

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    Pictures :
    DIAMLER uploaded picture of this model of Mercedes Benz truck on their website

    automark-nlc-germany-truck-1-696x522.jpg IMG_20180507_133559.jpg IMG_20180507_133556.jpg
     
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  7. AsianUnion

    AsianUnion SENIOR MEMBER

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    Assembly of Mercedes-Benz Trucks in Pakistan

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    National Logistics Cell (NLC) has signed a memorandum of understanding (MoU) with German Daimler AG for local production of world-renowned Mercedes-Benz trucks in Pakistan.

    The MoU was signed on behalf of NLC by Major General Mushtaq Faisal, DG NLC, and Zia Ahmed, CEO Pak NLC Motors, and on behalf of Mercedes-Benz Special Trucks it was signed by Klaus Fischinger, head of Executive Committee, and Dr Ralf Forcher, head of sales at Woerth, Germany.

    Also present at the signing were Naseem Shaikh, director and general manager Shahnawaz Ltd, and Ahmed Naeem of Shahnawaz Ltd, the authorized distributor of Daimler AG in Pakistan.

    It is expected that local assembly of Mercedes-Benz trucks by NLC will mark a major shift in the domestic logistics and transportation industry towards European manufacturers.

    Speaking on the occasion, Major General Faisal termed the MoU as a historic moment for Pakistan’s commercial vehicle industry. He said that local assembly of Mercedes-Benz trucks is a strategic opportunity to leverage the modernization of Pakistan’s logistics industry which would benefit from having a state-of-the-art assembly plant in Pakistan.

    With the incentives provided in the Auto Policy 2016-21, locally assembled Mercedes-Benz trucks would be offered at competitive prices. He added that it will bring qualitative change in local vendor industry and will provide opportunities for new jobs.

    Dr Ralf Forcher, member of Executive Committee and head of sales and marketing, Mercedes-Benz Special Trucks, said: “Pakistan’s infrastructure and construction sectors have registered significant growth in recent years having a direct effect on the logistics industry as it gives rise to an increased demand for commercial vehicles.

    In addition, the CPEC project is also playing an important role in raising demand in this sector. Modern transportation networks built under CPEC will link seaports in Gwadar and Karachi with northern Pakistan, as well as China and Central Asia.
     
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  8. AsianUnion

    AsianUnion SENIOR MEMBER

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  9. AsianUnion

    AsianUnion SENIOR MEMBER

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  10. Menace2Society

    Menace2Society SENIOR MEMBER

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    Finally, enough of expensive Chinese/Japanese trash imports. Need euro car makers.
     
  11. pzfz

    pzfz FULL MEMBER

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    The generals aren't any smarter than the civvies. Assemble this and that with inflated costs and no industrial, economic and technological benefit to the country. Assembling for the sake of assembling. No, this isn't any different than those other assembly agreements with suzuki. No manufacturing, no business plan, no offsets, no r&d, same old crap product. You would think they would have learned from their military procurement disasters like the subs.