It seems Pakistan is going to be the automobiles hub in the South Asia. After the announcement of Volkswagen and Fiat, AUDI has also started the feasibility study to launch its assembly line in the country. First assembly setup will be launch in the Sindh. The news for AUDI to enter in Pakistan revealed by the Sindh Board of Investment.
Pakistan New Auto Policy is going to be fruitful for the international automobile makers. This policy is going to break the monopoly of Suzuki and Toyota in the country. Volkswagen and Fiat announced to step in Pakistan before the announcement of Auto Policy. However, AUDI is the first one to enter Pakistan after the announcement of Auto Policy.
To make this effective, a Memorandum of Understanding was signed by the Sindh Investment Board and AUDI AG in Ingolstadt.
German Consulate General Karachi has verified the news via its official Facebook page and Twitter account.
German premium car maker AUDI starts feasibility study to assemble in Sindh
The Sindh Board of Investment and… https://t.co/Y3CfqDmdRE
— Germany in Karachi (@Germany_Karachi) April 25, 2016
However, the AUDI AG has made it clear that it is the possibility to assemble the AUDI vehicle in the province of Sindh. The Four Ring brand will study the legal aspect, federal trade policy, logistical and economic feasibility to establish an assembly plant in the Sindh through its authorized general importer in Pakistan; Premier Systems.
The MoU ceremony was witnessed by Mr. Martin Brinker of AUDI AG and Ms. Naheed Memon of Sindh Investment Board. While Mr. Rainer Schmiedchen Consul General of Germany in Karachi and Mr. Arshad Raza of Premier Systems were also present at the occasion.