Published On: Fri, Jan 11th, 2019
Published in Category: Islamabad

Some 19 new auto sector companies willing to invest $16bn in Pakistan

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Islamabad: Nineteen new companies of auto sector have showed their willingness to invest $16bn in Pakistan.

According the official documents, Engineering Development Board (EDB) has allocated 17 new companies green field and 02 brown field category.

Oregal auto mobile industry with the joint venture of DFSK Motor Limited $10. 71m will prepare Van, LCV and SUV vehicles.

Likewise, United Motors, Khalid Lucky Motors, Hyundai Nishat Motors, Sazgar Motors, Master Motors, Pak China Motors, Topsun Motors, Al-Futtaim Auto, Khalid Holdings, Hanteng Motors, HRL Motors, Sinopak Motors, Pak CAMC and Premier Motors with the joint venture of their international partners have decided to invest in the auto sector of Pakistan.

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