Greenfield Status to Two Automakers

32098 views 786 replies
Reply to Topic
ZAHRA1234

Age: 2019
Total Posts: 0
Points: 10

Location:
,
Auto Development Policy 2016-21 is found useful for local auto industry as various automakers started the manufacturing of the new vehicles in the country with the provision of new incentives under this auto policy of the government. Various local automobile makers including Kia, Renault or Hyundai prepared to enter in the local market and they got the status of Greenfield and brownfield status by the authorities and now the government has given them the category A Greenfield status to the two new automakers including Topsun Motors and Pak China Motors. They set up their assembly and started manufacturing in the country to produce quality vehicles. 


The auto companies received the Greenfield status raised to 10 in total and they are operating in Punjab. It is committed to expand the services across Pakistan and Pak China Motors has the same registered addresses as the Karakoram motors. The Greenfield status has been granted to the companies under the condition that the companies will follow the rules and regulations, which are set by the government under auto policy 2016-21.
The companies, which got the Greenfield status are given as under:
• Regal Automobile Industries Limited
• Kia-Lucky Motors
• Hyundai-Nishat
• United Autos
• Khalid Mushtaq Motors
• Foton JW Auto Park, owned by JW SEZ (formerly Ruba SEZ)
• Sazgar Engineering Works
• Master Motors
You can define the Greenfield investment as the installation of the new and independent automotive assembly and manufacture the facilities by the investor to produce the vehicles, which are not assembled / manufactured in Pakistan. 
Greenfield Incentives:

• Duty free import of plant and machinery to set up the assembly and manufacture facility on the one time basis
• Import of 100 vehicles having same variant in CBU form, and 50% of current duty for test marketing after starting of project
• Concession rate of custom duty @ 10% on non localized parts and @25% on localized parts for 5 years in order to manufacture cars and LCVs
• Import of all parts at current custom duty, which is applicable to non localized parts to make trucks, buses for 3 years
• The existing motorcycle industry policy is approved by the government and it is notified by the FBR under SRO 939(i)/2013 and SRO 940(i)/2013 will continue. 

Posted 16 Jul 2018

jaaisa says
A debt of
gratitude is in order for sharing this data. I truly like your blog entry all
that much. You have truly shared a useful and intriguing blog entry with
individuals.. 
check cheapigfollowers website
Posted 31 May 2019

katie19 says

Myassignmenthelper.co.uk is the best assignment helper among the the top providers in UK. Check it as htpps://www.myassignmenthelper.co.uk


Posted 31 May 2019

peterseo says
Incredible information, do anybody mind simply reference back to it  Christmas lights Installer El paso
Posted 01 Jun 2019

rahulela12 says
Wow! Such an amazing and helpful post this is. I really really love it. It's so good and so awesome. I am just amazed. I hope that you continue to do your work like this in the future also .
ElaWoman
Posted 01 Jun 2019

Your
positions normally have a lot of really up to date info.  Where do you
come up with this?  Just stating you are very innovative.  Thanks again
jeux cresus casino
Posted 02 Jun 2019

Very    instructive and good   bodily structure  of 
subject matter, now that’s user 
pleasant (:.
McPools Pressure Washing Company
Posted 02 Jun 2019

I have been exploring
for a little bit for any high-quality articles or blog posts on this sort of
area . Exploring in Yahoo I at last stumbled upon this website. Reading this
information So i am happy to convey that I’ve an incredibly good uncanny
feeling I discovered exactly what I needed. I most certainly will make
certain to do not forget this web site and give it a glance regularly.
cresus
Posted 02 Jun 2019

bollymania says
Wonderful article. Appreciate you. Lot of love from Bollymania

Posted 03 Jun 2019

thanks for this usefull information i want to to post some more stuff regarding this topic thanks.
Jackumar?
https://www.glostartrade.com/
Posted 03 Jun 2019

Oh my goodness! an
amazing article dude. Thanks However I’m experiencing problem with ur rss .
Don’t know why Unable to subscribe to it. Is there anybody getting similar
rss downside? Anybody who knows kindly respond. Thnkx
win
Posted 03 Jun 2019

Abner says
Nice post. I find out some thing tougher on different blogs everyday. Most commonly it is stimulating to study content from other writers and employ something from their site. I’d choose to apply certain together with the content in this little weblog no matter whether you do not mind. Natually I’ll give you a link on your web blog. Thank you for sharing. foros de
Posted 06 Jun 2019

cheers for the actual
article i have recently been on the lookout with regard to this kind of
advice on the net for sum time right now so many thanks
INTERNATIONAL REMOVALS
Posted 06 Jun 2019

jaaisa says
I gotta
most loved this site it appears to be exceptionally useful . 
credit repair los angeles
Posted 07 Jun 2019

Posted 08 Jun 2019

Thanks for your time
so much for your impressive and amazing guide. I will not be reluctant to
endorse your web sites to any individual who should receive direction on this
problem.
www.buycannabidiolcbdoil.com - Buy Cannabidiol Online, CBD Oil For Sale, Reviews, Research,
Facts
Posted 08 Jun 2019

jaaisa says
Extraordinary
overview, I'm certain you're getting an awesome reaction. 
appliance repair cloverdale
Posted 09 Jun 2019

It has always been my
belief that good writing like this takes research and talent.  It’s very apparent you have done your
homework.  Great job!
32red bonus
Posted 09 Jun 2019

I absolutely love
your blog and find a lot of your post’s to be exactly I’m looking for. can
you offer guest writers to write content to suit your needs? I wouldn’t mind
writing a post or elaborating on a few of the subjects you write in relation
to here. Again, awesome weblog!
32 red
Posted 09 Jun 2019

jaaisa says
I'm happy to see the immense subtle element here!. 
drugs online
Posted 09 Jun 2019

For some
cause the picture just isn’t loading appropriately, is at this time there an
issue?
Games
Posted 10 Jun 2019

Great blog
right here! Also your web site rather a lot up very fast! What web host are
you the use of? Can I get your affiliate hyperlink in your host? I want my
site loaded up as quickly as yours lol
best camera app for note 4
Posted 10 Jun 2019

jaaisa says

Superb and extremely energizing site. Adoration to watch. Continue Rocking. 
24 hour locksmith Renton

Posted 10 Jun 2019

jaaisa says
Its a
great pleasure reading your post.Its full of information I am looking for and
I love to post a comment that "The content of your post is awesome"
Great work.
emergency locksmith Murray
Posted 10 Jun 2019

I am often to
blogging and i really appreciate your content. The article has really peaks
my interest. I am going to bookmark your site and keep checking for new
information.
binance
Posted 10 Jun 2019

jaaisa says
Wow i can say this is another incredible article not surprisingly of this blog.Bookmarked this webpage.. 
www.saham.news
Posted 11 Jun 2019

jaaisa says
808 Pictures.Professional Maui photographers specializing in family portrait photography, wedding photography,  engagement photography, couples photography, maternity photography, fashion photography. Award-winning photographers on Maui with the highest in five-star Google reviews and the best prices for photography packages in Hawaii. Maui photographers
Posted 11 Jun 2019

many thanks for
telling!. “Truth is generally the best vindication against slander.” by
Abraham Lincoln..
binance
Posted 11 Jun 2019

jaaisa says
This is
an incredible post. I like this topic.This site has loads of advantage.I
discovered numerous intriguing things from this site. It helps me in numerous
ways.Thanks for posting this once more. 
turmeric and arthritis
Posted 12 Jun 2019

That is a really
amazing powerful resource that you’re offering and you just provide it away
cost-free!! I that can compare with discovering websites which comprehend the
particular valuation on providing you with fantastic learning resource for
zero cost. We truly dearly loved examining this web site. Have fun here!
binance
Posted 12 Jun 2019

I am
typically to blogging and i actually appreciate your content. The write-up
has actually peaks my interest. I am going to bookmark your site and maintain
checking for new data.
binance
Posted 13 Jun 2019

Reply to Topic