World’s largest automobile manufacturer makes a big entry into Pakistan
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ISLAMABAD - World’s largest automobile manufacturer Volkswagen makes entry into Pakistan.
VW has signed a final agreement with Pakistan Premier Motors (PML) for manufacturing and assembly of commercial vehicles in Pakistan.
The agreement between both companies is based on the licensing contract of a completely knocked down (CKD) assembly plant in Karachi.
The world’s largest automobile manufacturer is collaborating with Pakistan’s authorized importer of Audi cars to assemble Transporter T-6, Amarok, Skoda, and Caddy.
This venture is going to help a lot in terms of vehicle supply in the country and would prove to be a great contribution to Pakistan’s automotive industry. *Details of VW Projects*
As per the details, the VW project is expected to generate a maximum of 500 million euros annually in exports and 200 million euros in duties and taxes for Pakistan.
These figures imply that the German automobile manufacturer is planning to export vehicles from Pakistan to other countries in the region.
