Greenfield Status to Two Automakers

32097 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

Hi there,
I just hopped over on your web site by means of StumbleUpon. No longer
something I might most often read, but I liked your feelings none the less.
Thanks for making something worth reading.
binance
Posted 13 Jun 2019

Great goods from you,
man. I’ve understand your stuff previous to and you’re just extremely great.
I really like what you have acquired here, really like what you’re stating
and the way in which you say it. You make it entertaining and you still take
care of to keep it sensible. I cant wait to read much more from you. This is
really a wonderful website.
learn the facts here now
Posted 15 Jun 2019

jaaisa says
Extremely pleasant article, I appreciated perusing your post, exceptionally decent share, I need to twit this to my adherents. Much appreciated!.  criac¸a~o de sites
Posted 15 Jun 2019

I admire your work , regards for all the useful blog posts. binance
Posted 15 Jun 2019


Directories
such given that the Yellow Websites need not list them, so unlisted numbers
strength sometimes be alive more harm than financial assistance.
binance
Posted 15 Jun 2019

Hello! Nice post!
Please do keep us posted when we can see a follow up!
Pinoy Teleserye Replay
Posted 16 Jun 2019

Would love
to always  get updated great   site ! .
Coinnama
Posted 17 Jun 2019

jaaisa says
Great
site! I really cherish how it is simple on my eyes it is. I am considering
how I may be informed at whatever point another post has been made. I have
subscribed to your RSS which may do the trap? Have an incredible 
Hamilton Philip Lindley
Posted 18 Jun 2019

I admire what you
have done here. I love the part where you say you are doing this to give back
but I would assume by all the comments that is working for you as well. Do
you have any more info on this?
seattle exterminators
Posted 18 Jun 2019

Hi there! This is my
first visit to your blog! We are a team of volunteers and starting a new
project in a community in the same niche. Your blog provided us beneficial
information to work on. You have done a extraordinary job!
seattle exterminators
Posted 18 Jun 2019

my baby enjoys
playing on the baby swing, baby swings can really make your baby happy,
Coinnama
Posted 19 Jun 2019

jaaisa says
Hey what
a brilliant post I have come across and believe me I have been searching out
for this similar kind of post for past a week and hardly came across this.
Thank you very much and will look for more postings from you.
link
Posted 20 Jun 2019

There are certainly a
couple more details to take into consideration, but thanks for sharing this
info.
voyance gratuite telephone 24h 24
Posted 22 Jun 2019

There are
certainly a couple more details to take into consideration, but thanks for
sharing this info.
Dinner for Diabetics
Posted 22 Jun 2019

My brother
saved this web publication for me and I have been reading through it for the
past couple hours. This is really going to benefit me and my classmates for
our class project. By the way, I enjoy the way you write.
tv recycling
Posted 22 Jun 2019

jaaisa says
I
discovered your blog post site online and check some of your early posts.
Always keep the excellent operate. I just extra your Rss to my MSN News
Reader. Looking for toward reading much more from you afterwards!…
jake paul instagram
Posted 22 Jun 2019

I’ve been
absent for some time, but now I remember why I used to love this web site.
Thank you, I’ll try and check back more frequently. How frequently you update
your website?
marijuna
Posted 23 Jun 2019

Can I just
now say what relief to find someone who actually knows what theyre dealing
with on-line. You certainly discover how to bring a difficulty to light to
make it critical. The best way to need to check this out and see why side of
the story. I cant believe youre less popular since you also absolutely hold
the gift.
Service
Posted 23 Jun 2019

jaaisa says
I experience considerable difficulties my musings on substance, yet I truly felt I ought to here. Your article is truly extraordinary. I like the way you composed this data. 
piermont grand showflat
Posted 23 Jun 2019

I just
added this blog to my google reader, great stuff. Cannot get enough!
recycling places near me
Posted 23 Jun 2019

I like
your website.. excellent colorations & topic. Do anyone pattern this
website you or perhaps did you actually hire an attorney to get it done for
yourself? Plz interact since I!|m seeking to pattern my own site in addition
to would wish to learn where u became this kind of by. appreciate it
eye exams near me
Posted 23 Jun 2019

peterseo says
?
Positive
site, where did u concoct the data on this posting? I'm satisfied I found it
however, sick be inquiring soon to figure out what extra posts you
incorporate. hotshot services Calgary
Posted 23 Jun 2019

jaaisa says
Wow i can say this is another incredible article not surprisingly of this blog.Bookmarked this webpage.. 
https://www.instapaper.com/p/bellaclausen
Posted 23 Jun 2019

The the
next time I just read a blog, I really hope that this doesnt disappoint me
approximately brussels. Get real, Yes, it was my option to read, but I really
thought youd have some thing intriguing to say. All I hear is usually a
couple of whining about something that you could fix when you werent too busy
searching for attention.
Android
Posted 24 Jun 2019

I come
across your blog from facebook and it is actually nice. Thnkx for giving this
sort of an incredible article!
cool names for friends group
Posted 24 Jun 2019

You can
find a number of various kinds of levels you get with the LA Weight reduction
eating plan each and every one may be vital. Incredibly stage would be the
factual throwing away of this extra pounds. la weight loss
binance
Posted 24 Jun 2019

Some
really    select  articles 
on this  internet site ,
bookmarked .
binance
Posted 27 Jun 2019

There are
certainly a couple more details to take into consideration, but thanks for
sharing this info.
massage near me open now
Posted 28 Jun 2019

Abner says
You have
three estimates for central air conditioning in your house? Each estimate
quotes you a different size unit. What do you do? Buy the middle one because
they are between the other two? You may be happy and maybe not.
ripple
[code]?[/code]
Posted 30 Jun 2019

jaaisa says
Decent information picking up article. This post is truly the best on this profitable subject. 
https://hillcountrybreakingnews.com/
Posted 30 Jun 2019

Reply to Topic