Volkswagen set to enter Pakistani Market

Volkswagen one of the world’s biggest car manufacturers has decided to enter Pakistani market. In the first week of November, Volkswagen signed an agreement with Pakistan Premier Motors Ltd (PML) for manufacturing commercial vehicles in Pakistan. The agreement between both the parties is based on the licensing contract of CKD Assembly in Karachi. Volkswagen is […]

Greenfield Status Issued to KA Hanteng Motor

KA Hanteng Motor Company Pvt Ltd has been awarded category-A Greenfield Investment status. KA Hanteng Motor Company has joined hands with a renowned Chinese car maker Hanteng Automobile Co. Ltd., to start manufacturing passenger cars & SUVs. They will set up a manufacturing Plant in Pakistan with a capacity of 15,000 units per year. The […]

Cherat Packing Ltd to bring Rs 2.5 billion investment, 1000 Jobs

Cherat packages is building a unique Packaging plant in the Gadoon industrial estate. The establishment of this plant is expected to provide more than 1000 direct and indirect jobs to the local community. Khyber Pakthunkhwa Economic Zones Development and Management Company (KPEZDMC) Facilitated Cherat Packing Ltd by promptly and transparently allotting land for establishment of […]

Two-day ‘Qatar-Pakistan Business Forum’ held in Doha

Qatar-Pakistan Business Forum was organized in Doha from 12th to 13th of November 2018. The event was organized by The State of Qatar’s Ministry of Commerce & Industry in partnership with Avenue Ventures Pakistan at the Ritz-Carlton Hotel. High level delegations from both sides attended the event. The keynote speech at the Forum was delivered […]

RDA to Build Parking Plazas and a Tower in Rawalpindi

The Rawalpindi Development Authority (RDA) has decided to nip the evil, of lack of proper parking space, in the bud by building 10 multistorey parking towers in the city’s commercial hub. RDA is planning to construct the big multi-storey parking plazas on the pattern of those built on Lahore’s Jail Road on public-private partnership basis. […]

SECMC ahead of schedule

660MW Coal Power plant to be operational by early 2019 Sindh Engro Coal Mining Company (SECMC) working on Pakistan’s first ever Thar based 660MW Lignite coal Power plant states that the project is 5 months ahead of schedule and will be operational by early 2019. Engro Power Thar Limited (EPTL) connected its power plant with […]