ISLAMABAD:
The government has gotten an opportunity to break decades’ old monopoly of local car assemblers as world-renowned auto manufacturer, Volkswagen, is keen to introduce itself in Pakistan, according to a private media outlet’s report.
Germany’s biggest and the world’s second largest automobile manufacturer in terms of market share, Volkswagen, wants to do business in Pakistan, said an official of the Board of Investment (BoI).
A 14-member business delegation of Germany businessmen is visiting Pakistan including representatives of automobile company, Volkswagen, said Dr Cyrill Nunn, German Ambassador to Pakistan on Tuesday. He was addressing a press conference to share details of what he described as a “highly important” visit, according to sources.
According to Pakistani officials, Volkswagen was keen to do business and the government also wanted at least one European brand to set up a plant in the country to break the monopoly of local car assemblers. They said the three local assemblers have colluded and resultantly, on average, a locally-assembled car is roughly Rs500,000 expensive.
Excellent. We welcome you here and hope Pakistan will feel pride in buying these cars.
Volkswagon must be wellcomed and so should other foreign brands do bussiness in pakistan.
Good
great we r waiting for this type of blesing in shape of volkswagon
Great we warmly welcome
Till Now (Feb 2016) no sign of Volkswagen in Pakistan. Its just a eye wash.
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