The National Logistic Cell (NLC) has made up our minds to invest in auto sector in collaboration with a German corporate in order to cater the emerging call for of heavy business automobiles following the graduation of China-Pakistan Financial Hall (CPEC), DawnNews reported on Friday.
“National Logistic Cell has deliberate to set up manufacturing crops [in Pakistan] with German Corporate to produce top movers,” stated Engineering Construction Board (EDB) leader Tariq Chuadhry.
The NLC will first of all be making an investment Rs500 million to Rs700 million to set up a manufacturing plant in Pakistan in a bid to manufacture heavy business automobiles in collaboration with German MAN truck and Bus Corporate, the respectable additional stated.
Within the first segment, vans will probably be produced to meet the necessities of Pakistan Military whilst in the second one segment — protecting in view the emerging call for beneath CEPC — heavy business automobiles can be produced as smartly, it’s been learnt.
Round 700 to 1,000 heavy automobiles shall be produced once a year and later at the manufacturing capability shall be enhanced accordingly, the professional stated.
MAN Truck and Bus, with headquarters in Munich, is among the main global providers of industrial automobiles and shipping answers in Europe, with manufacturing crops in 3 Ecu nations in addition to in Russia, South Africa, India and Turkey.