Dada Pota Show of 08-01-2018. The only program of business and economy in Pakistan.
Foreign Loans Auto Sector Investment Imran Khan Marriage Political Economy Dada Pota Show 08-01-2018
Dada Pota Show 08-01-2018 based on detailed discussion on Foreign Loans, Auto Sector Investment, Imran Khan Marriage & Political Economy.
Today, Dada G shared his opinion on important news that New auto players to invest over $800m in Pakistan & Counter narrative of propaganda against governmental loans.
The government has given new projects of five vehicle manufacturing companies including Hyundai, Kia, Regal Automobiles, Khalid Mushtaq Motors and United Motors Greenfield investment status under the Automotive Development Policy 2016-21, which is expected to bring investments of over $800 million to Pakistan.
According to the Engineering Development Board (EDB), which works under the Ministry of Industries and Production, it is facilitating fresh investments in the auto sector from new companies including joint ventures with foreign players.
It is anticipated that with the revival of Dewan Farooque Motors, which has been given the go-ahead to manufacture vehicles under the new policy, Shehzore pick-up trucks will be re-launched shortly whereas Daehan Dewan Motor will manufacture Ssangyong Tivoli SUV with an investment of $145 million.
These are in addition to their quest for the launch of BMW in Pakistan. It has been learnt that the case of Ghandhara Nissan is also under consideration, which is planning to launch Datsun in Pakistan with an investment of around $41 million.
Since the announcement of the five-year auto policy in March 2016, auto giants from South Korea, Germany and France have been quickly drawn into the Pakistan market. Kia and Hyundai have already started working on their assembly plants while Volkswagen and Renault have announced plans to set up plants in the country.
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