Top International carmakers to setup one of the largest car plant in Pakistan

[Shahzaz ud din]

Top International carmakers to setup one of the largest car plant in Pakistan
5 May, 2018

SHARES

• 

KARACHI: French automaker Renault has now decided to establish its car manufacturing plant in Faisalabad after facing long delays in land acquisition in Karachi’s Bin Qasim Industrial Park.

Chief of Groupe Renault said that the company will get 54 acres of land in Faisalabad in a few days where a car assembling plant with a planned investment of US $140 million will be established.

READ MORE: Pakistan has huge potential in automobiles, auto-parts: CEO Renault-Nissan
He added that the land is cheaper here with all the facilities readily available for the industrialists.

Bin Qasim Industrial Park is located on Main National Highway under National Industrial Parks Development & Management Company (NIP). The NIP was established as a special initiative of the Ministry of Production.

READ MORE: French car maker Renault to set up car plant in Karachi
Groupe Renault and Al-Futtaim last November announced that they had signed definitive agreements for the exclusive assembly and distribution of Renaultvehicles in Pakistan.

According to the deal, Groupe Renault would bring its latest products and technological know-how, whilst Al-Futtaim, through its new subsidiary called Al-Futtaim Automotive Pakistan (Private) Limited, will establish a new manufacturing and assembly plant, and exclusively distribute Renault cars through its extensive knowledge of the market.

As per the initial agreement, the parties expected that the plant will be built starting the first quarter of 2018 in Karachi as per Groupe Renault standards and car sales are planned to start in 2019 ramping up in 2020.

 

[Thorough Pro]

Renault is not the top car maker, top car maker in the world is Toyota

 

[My-Analogous]

Top International carmakers to setup one of the largest car plant in Pakistan
5 May, 2018

SHARES

• 

KARACHI: French automaker Renault has now decided to establish its car manufacturing plant in Faisalabad after facing long delays in land acquisition in Karachi’s Bin Qasim Industrial Park.

Chief of Groupe Renault said that the company will get 54 acres of land in Faisalabad in a few days where a car assembling plant with a planned investment of US $140 million will be established.

READ MORE: Pakistan has huge potential in automobiles, auto-parts: CEO Renault-Nissan
He added that the land is cheaper here with all the facilities readily available for the industrialists.

Bin Qasim Industrial Park is located on Main National Highway under National Industrial Parks Development & Management Company (NIP). The NIP was established as a special initiative of the Ministry of Production.

READ MORE: French car maker Renault to set up car plant in Karachi
Groupe Renault and Al-Futtaim last November announced that they had signed definitive agreements for the exclusive assembly and distribution of Renaultvehicles in Pakistan.

According to the deal, Groupe Renault would bring its latest products and technological know-how, whilst Al-Futtaim, through its new subsidiary called Al-Futtaim Automotive Pakistan (Private) Limited, will establish a new manufacturing and assembly plant, and exclusively distribute Renault cars through its extensive knowledge of the market.

As per the initial agreement, the parties expected that the plant will be built starting the first quarter of 2018 in Karachi as per Groupe Renault standards and car sales are planned to start in 2019 ramping up in 2020.

GA Bhutto.

 

[Village life]

GA Bhutto.

Sarri industry aithoon putoo,
Ty panjab phuto.
Ja ja Bhuto,

 

[Thəorətic Muslim]

Car assembly = / = car manufacturing.

And every Pakistani should just read this:

According to the deal, Groupe Renault would bring its latest products and technological know-how, whilst Al-Futtaim, through its new subsidiary called Al-Futtaim Automotive Pakistan (Private) Limited, will establish a new manufacturing and assembly plant, and exclusively distribute Renault cars through its extensive knowledge of the market.

Some outside company has more knowledge of Pakistan's automarket than Pakistanis themselves.

 

[GodToons]

Renault is not the top car maker, top car maker in the world is Toyota

Renault has global tie-up with Nissan.This makes them quite big. it means that Nissan with not come to Pak.

Indian is one of few countries in world where both brands exists and do production as well as export.

 

[Kambojaric]

Car assembly = / = car manufacturing.

And every Pakistani should just read this:



Some outside company has more knowledge of Pakistan's automarket than Pakistanis themselves.

Something's better than nothing. Electricity in Pak is still too unreliable for players to establish manufacturing facilities as well, only to find out the next government decided it had other priorities. Assembly will likely turn to manufacturing at some point if greater electricity security is established, especially as China's labor costs continue to rise making other Asian markets like Vietnam, India or Pakistan more attractive.

 

[newb3e]

GA Bhutto.

haha GA zardari GA Pak fauj generals!

 

[Bouncer]

Thank you PPP and MQM for giving up this wonderful investment to Faisalabad. Karachi could have used it but thanks to your mandatory kickbacks program, Faisalabad will get it.

 

[Sheikh Rauf]

i would like to see SAAB in Pakistan can put new soul in this dying brand.

 

[newb3e]

Thank you PPP and MQM for giving up this wonderful investment to Faisalabad. Karachi could have used it but thanks to your mandatory kickbacks program, Faisalabad will get it.

sindhis and muhajir will complain that punjab hamara plant bhi kha gaya and vote like idiots for mqm and ppp!

 

[Rusty]

I just want that Pak-Suzuki monopoly to end.
It's so embarrassing to be driving around in a 40 year old car when the rest of the world is driving the latest cars.

And the kicker? These Mahrans are not that much cheaper than modern cars, but they are death traps.

 

[Syed1.]

I just want that Pak-Suzuki monopoly to end.
It's so embarrassing to be driving around in a 40 year old car when the rest of the world is driving the latest cars.

And the kicker? These Mahrans are not that much cheaper than modern cars, but they are death traps.

Sir even base model Civic is considerably more expensive in Pakistan as it is in Canada. 2018 Honda Civic base model in Canada is about $17,000 while in Pakistan the same 2018 base model is about Rs. 25 lacs which when converted to Canadian is about $28,000. Also keep in mind the build quality of the same Civic is alot worse in Pakistan than Canada.


This is daylight robbery..... but Pakistanis are happy with it because "resale achi dehti hai"

 

[Imran Khan]

if they can kill mehran that will be great or else useless

 

[_NOBODY_]

I hope that they'll bring serious competition.