French Manufacturers Invited To Set Up Automobile Plants In Pakistan


French manufacturers invited to set up automobile plants in Pakistan

Islamabad, (Pakistan Point News - 15th Sep, 2016) : Senator Mohammad Ishaq Dar, Finance Minister, invited leading French automobile manufacturers to set up their automobile manufacturing plants in Pakistan. Finance Minister offered the invitation during his meeting with Renault and Peugeot leading French automobile manufacturers in Paris on Wednesday. According to a press statement issued by Finance Ministry, he invited them to set up their manufacturing plants in the light of the new policy and growing demand.

The minister briefed them about the recently announced automobile policy of the Pakistan government which has been giving attractive incentive and concessions for foreign investors. The Senior Executives of both Renault and Peugeot praised the remarkable turnaround in Pakistan's economy and expressed serious interest in investing in the automobile sector in Pakistan. Chairman BoI, Ambassador of Pakistan to France and French Ambassador to Pakistan were also present during the meeting.