Finally, Volkswagen announces to their entry in Pakistan, after month. The German automaker Volkswagen has signed the final legal agreement with their partner of Pakistan Premier Motors Limited (PML). Volkswagen is considered the world’s largest automobile company.
In June 2017 two companies first signed a Letter Of Intent (LOI). After a wait of two years, German’s company has finally announced to invest their product in Pakistan. It is expected that through this investment the economy of country develop more and gain more investment from other countries in the form of investment. It also provides more options to the consumers to choose more from brands.
This agreement should provide the more economical increase in Pakistan. It’s the big news that the Germans company agreed to invest in Pakistan and work with Pakistan it’s beneficial for our economy to generate more revenue and also helpful for the consumers to choose more.
Volkswagen is the biggest brands of car that provide a qualitative product to their consumers and helpful for the price level. The target is to achieve 40 dealerships across the country.
Positive for Pakistan
This is very beneficial for Pakistan’s economy that the foreigners’ automobiles invest in Pakistan and work with Pakistan this will increase the GDP of Pakistan and also develop the trust of Pakistan on other countries. It’s our honor that the Volkswagen gives us a chance to work with them. Experts say the investment is the key to success in the worldwide. Because of this most of other foreigners might invest in Pakistan and generate more profit this will also help us to develop our country more and create a big name in the automobile industry worldwide. This investment did not only increase the GDP of the country this will create a strong trust with two countries and hopeful for this great investment.
Competitors
This is also beneficial for Volkswagen to work with us and meet their more competitors in Pakistan and give better performance and help them to play with a competitor.
