Great news has approached for the people of Pakistan as German automotive giant has determined to venture into Pakistan. The news is very uplifting for the people of Pakistan as new automakers enter the country the more varied the local industry would develop and people can have a diversity of vehicles to choose from.
The company has determined to flood investment in Pakistan. The member of board’s Management of German Automaker Volkswagen Dr. Joseph Baumert met the premier at his office, and the premier guaranteed him that the government would ensure that the company gets all the facilities and assists it needs.
Furthermore, the PM Abbasi also told the director about the major infrastructure that the country has developed and is being urbanized under CPEC- China Pakistan Economic Corridor. He also emphasized that Pakistan is a great country to invest in the auto sector as the government offers plenty of incentives to fresh entrants.
Back in February, it was reported that the company might arrange a manufacturing plant for its Amarok and T6 vehicles in the country. Let’s linger on and see how much reality is in this report. On the other hand, the news seems great for consumers that an international brand is approaching the country. In addition, the local car market will become more assorted than ever.
The new entrant would be welcome in the country for the reason that the current local auto manufacturers are operational at full capacity but still not keeping pace with the demand and supply. With VW’s arrival, the demand and supply of the vehicle would certainly increase.
We anticipate that the venture comes out to be successful. What are your thoughts,let us now in the comment section below.