ISLAMABAD Under the Auto Development Policy 2016-2021 fifteen (15) new companies have been awarded t

[AZADPAKISTAN2009]

https://timesofislamabad.com/08-Apr...-with-promised-investment-of-over-1-1-billion

ISLAMABAD Under the Auto Development Policy 2016-2021 fifteen (15) new companies have been awarded the Greenfield status while two companies are awarded Brownfield status for revival of automobile sector units in the country. According to an official source the committed investment so far is more than US $1169 million.

The investors, which have been granted greenfield status will manufacture cars, light commercial vehicles, SUVs and heavy commercial vehicles.

The companies awarded greenfield awards under ADP includes

Kia Lucky Motors Pakistan Ltd
Foton JW Auto Park (Pvt) Ltd
Regal Auto Mobile Industries (Pvt)
Sazgar Engineering works ltd
United Motors (Pvt) Ltd
Master Motors Ltd
Khalid Mushtaq Motors (Pvt) Ltd
Pak China Motors (Pvt) Limited
Hyundai Nishat Motors(Pvt) Ltd
Topsun Motors
Engineering Services (Pvt) Ltd
Al-Futtaim Automotive Pakistan (Pvt) Ltd
Khalid and Khalid Holdings (Ptv) Ltd
Hanteng Motors Company (Pvt) Ltd. T


he Brownfield category two closed down units have been revived namely Dewan Farooq Motors and Ghandhara Nissan Ltd. The Greenfield award provides facilities to the investors for import of plant and machinery for setting up an assembly and manufacturing while the Brownfield awards facilitate the investors for the revival of sick or non-operational units. ADP aimed at facilitating higher volume, more investment, enhanced completion and better quality with latest technology. It also aims at creating a balance between Industrial Growth and tariffs to ensure sustainability of all stakeholders. The policy helps in ensuring consumer welfare and providing policy consistency and predictability for investors and mid-term review to cater for emerging developments. New investors coming under ADP shall also provide more options to the consumers in addition to enhanced overall capacity of the country.

 

[AZADPAKISTAN2009]

**Pulled the figures from multiple threads
https://www.thenews.com.pk/print/455186-volkswagen-plans-135mln-investment-in-auto-plant-in-pakistan

New Entrants

Established players

Malaysian Proton : The partnership is expected to bring around $300 million

• Al-Futtaim with its partner Renault is investing $230 million in the domestic auto industry. The company is also setting up its plant in Faisalabad for assembling of vehicles.

​

• Kia Lucky Motors Pakistan Ltd. has invested $190 million

​

• Hyundai Nishat Motors $163million
• 

• Daehan Dewan Motor will manufacture Ssangyong Tivoli SUV with an investment of $145 million.

• Volkswagen plans $135mln investment in auto plant in Pakistan

Small players:
Ghandhara Nissan is also under consideration, which is planning to launch Datsun in Pakistan with an investment of around $41 million.
Regal Automobile Industries in collaboration with DFSK Motor have also invested $10.71 million in Pakistan. The joint venture has also launched an SUV namely DFSK Glory 580 for local consumers.
Moreover, United Motors have poured $19.05 million and also a launched 800cc hatchback car.
Khalid Mushtaq Motors has invested $3.50 million
Foton JW Auto Park $11.45 million
Sazgar Engineering Works Ltd. $31.01 million


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Old player

Suzuki has offered to Invest "480 Million Dollars" !!! To Open New plant but their investment has hit hurdles which need to be corrected

Suzuki should be told to also upgrade their old plant to new standard to get perks (+Additional 100 million)

I think since Pakistan needs new investment , it makes sense to facilitate a dialog to give some perks to Suzuki as a old manufacturer in Pakistan they are investing close to 0.5 Billion in Pakistan's economy so should be given some benefits

The small players are not investing that much

 

[Samlee]

Great Times Ahead

 

[valkyr_96]

Why are most of these companies private limited? they should atleast be public non listed.

 

[Wa Muhammada]

I’m perplexed...honestly....despite all of this why is the economy going down the drain....what magic wand did the Sharifs have that our gdp was soaring and we were one of the rising stars in Asia.

Are PTI so tough as nails / incompetent that the business community/ investors are petrified of what’s next? The current crackdown on tax is the toughest I’v seen and business ppl are now running like headless chickens

 

[AZADPAKISTAN2009]

Nawaz Sharif's Government too Massive Loans and in their 5 years they had planing to only pay off the interest and not the principle

When PTI came , they found Nawaz Sharif government had over spent the finances

Which is why they are taking measures to correct the issues for debt repayment and at same time starting to focus on promised fixes on Taxation model in country

 

[Imran Khan]

since last many years reading this sh1t and nothing come in market

 

[AZADPAKISTAN2009]

Some of the plants are being manufactured as we speak
I think the Entrant requirements for new Manufacturing companies should have been around

• 250 Million per established company (Minimum investment) in order to qualify for Perks
• Since Suzuki's Investment bid is around 500 Million they should get some incentives

 

[Trailer23]

**Pulled the figures from multiple threads
https://www.thenews.com.pk/print/455186-volkswagen-plans-135mln-investment-in-auto-plant-in-pakistan

New Entrants

Established players

• Al-Futtaim with its partner Renault is investing $230 million in the domestic auto industry. The company is also setting up its plant in Faisalabad for assembling of vehicles.

​

Don't really know how accurate is this news.

Al-Futtaim is a major family here in the UAE. They have the agencies for: Toyota, Honda, Chrysler, Jeep, Dodge & Volvo.

Renault on the other hand is under: Arabian Automobiles Company

So i'm not sure how Al-Futtaim have made a connection with Renault in Pakistan.

 

[AZADPAKISTAN2009]

https://www.alfuttaim.com/home/medi...e+and+distribute+renault+vehicles+in+pakistan

NOVEMBER 20, 2017
Groupe Renault and Al-Futtaim today announced that they have signed definitive agreements for the exclusive assembly and distribution of Renault vehicles in Pakistan.



“Groupe Renault is delighted to extend its international footprint by entering Pakistan, a fast-growing market with a 10% annual growth rate. By partnering with Al-Futtaim, a very professional and renowned automotive partner, Groupe Renault aims to become a major player in Pakistan. We aim to bring our latest products and cutting-edge technology and set new benchmarks of safety and quality in the market,” said Fabrice Cambolive, Senior Vice President, Chairman of the Africa Middle-East India Region of the Groupe Renault.

I am sure there will also be Chinese Entrants in Mix but if anyone has news on Big Chinese auto entering Pakistan would be good share

 

[jericho]

I’m perplexed...honestly....despite all of this why is the economy going down the drain....what magic wand did the Sharifs have that our gdp was soaring and we were one of the rising stars in Asia.

The magic wand they had was the ability to borrow money. Another thing soaring during the "rising stars" era of "great Sharifs" was Debt

Here is the data of Debt to GDP ratio

 

[slapshot]

since last many years reading this sh1t and nothing come in market

Considering the devaluation happening on a weekly schedule when this shi1t will come it will be out of reach for many.

 

[AZADPAKISTAN2009]

Debt and Curreny will fix on it's own once the Economy picks up steam

a) Electricity Abundance
b) Textiles fully running 3 shifts a day
c) State corporations running 24/7
d) Import / Export bill balanced
e) Taxation Reforms
f) Establishment of new Economic Zones in Pakistan (Final Phase of CPEC)

 

[Murgah]

assembly means nothing until they manufactured all parts in pakistan

 

[AZADPAKISTAN2009]

In Pakistan once the Auto sales pick up local , parts manufacturers step up their game to make OEM specific parts to help with vehicle maintenance

There are quite a few such players who make auto parts for Suzuki vehicles