Image default
Gadgets Top Stories

Renault to assemble cars in Pakistan soon

ISLAMABAD: Government of Pakistan Thursday announced French car manufacturing company Renault is going to start assembling cars in Pakistan by 2018.

The Board of Investment (BoI) said in a statement on Thursday that after approval of Prime Minister Nawaz Sharif’s economic policy and vision, Special Assistant to the PM and Chairman of the Board of Investment Miftah Ismail held meetings with stakeholders in Pakistan and foreign companies in the automobile sector.

Ismail met with foreign companies like Volkswagen, Peugeot, Renault and Nissan.

The Economic Coordination Committee of the Cabinet headed by the finance minister constituted a committee to review the Auto Policy and recommend new measures for expansion, investment and consumer protection in auto sector of Pakistan.

The government was wooing foreign car makers like Renault and Nissan with generous import duties earlier this year.

Dear TNT Reader,

At The News Tribe, our mission is to bring you free, independent, and unbiased news and content that keeps you informed and empowered. We are committed to upholding the highest standards of journalism, as we understand that we are a platform for truth.

Apart from independent global news coverage, we also commit our unique focus on the Muslim world. In an age marked by the troubling rise of Islamophobia and widespread misrepresentation of Muslims in Western media, we strive to provide accurate and fair coverage.

But to continue doing so, we need your support. Even a small donation of 1$ can make a big difference. Your contribution will help us maintain the quality of our news and counteract the negative narratives that are so prevalent.

Please consider donating today to ensure we can keep delivering the news that matters. Together, we can make a positive impact on the world, and work towards a more inclusive, informed global society.

Monthly Subscription Annual Subscription

Visa Card MasterCard American Express Card

We want to hear your Travel Stories.

Do you have a memorable, unbelievable, or favorite travel experience? Share your story with us.