Government has awarded the category-A Greenfield investment status to Premier Motor Limited for assembling & manufacturing of vehicles under its contract agreement with Volkswagen AG. Bear in mind, the Karachi-based Premier Motors is the authorized and sole distributors of Audi vehicles in Pakistan, & Audi is also part of VW Group.
Related: Volkswagen Signs CKD Agreement with Premier Motors
In November 2018, Volkswagen AG and Premier Motors signed an agreement for manufacturing and assembling of Volkswagen commercial vehicles in Pakistan. The agreement between both parties was based on the licensing contract of CKD assembly in Karachi.
Reportedly Volkswagen plans to invest $135 million to set up a plant for manufacturing and assembling of vehicles in Pakistan. The plant would be set up in Balochistan province, for which the land has already been acquired. Since the company has now been awarded the Greenfield status, it will begin construction work on the site.
Related: Volkswagen to Launch Two Vehicles in Pakistan
As per sources, the plant would become operational by 2021 and would initially manufacture T6 commercial van and Amarok double cabin pickup in our country.
A computer animation professional with over 23 years of industry experience having served in leading organizations, TV channels & production facilities in Pakistan. An avid car enthusiast and petrolhead with an affection to deliver quality content to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com
