Al-Futtaim Renault Pakistan has announced the establishment of a car manufacturing plant in Faisalabad. The brand has acquired an industrial plot to move ahead with the process of manufacturing and assembling of Renault vehicles in Pakistan.

“Al-Futtaim is fully committed to the Pakistani market and to this project,” – Colin Cordery, Senior Managing Director of Al-Futtaim Automotive International

“This project will bring significant Foreign Direct Investment to Pakistan, and also create many direct and indirect jobs,” he added

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As of now, the design and engineering of the project is underway, it is expected to be formally inaugurated in the 4th quarter of 2018. The plant will have a capacity of 50,000 units per annum and productions will commence in 2020.

“Renault is renowned for the safety and quality of its cars. We will bring cutting-edge and leading European technology to the Pakistani consumer through a modern distribution and dealership network,” -Yasser Alvi, CEO of the Al-Futtaim Renault Pakistan

It will open at M-3 Industrial City in Special Economic Zone Faisalabad.

What do you think about this partnership?

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