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15 companies awarded Greenfield status under ADP

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ISLAMABAD: Under the Auto Development Policy 2016-2021 fifteen (15) new companies have been awarded the Greenfield status while two companies are awarded Brownfield status for revival of automobile sector units in the country. According to an official source the committed investment so far is more than US $1169 million. The investors, which have been granted greenfield status will manufacture cars, light commercial vehicles, SUVs and heavy commercial vehicles. The companies awarded greenfield awards under ADP includes Kia Lucky Motors Pakistan Ltd, Foton, JW Auto Park (Pvt) Ltd, Regal Auto Mobile Industries (Pvt), Sazgar Engineering works ltd, United Motors (Pvt) Ltd, Master Motors Ltd, Khalid Mushtaq Motors (Pvt) Ltd, Pak China Motors (Pvt) Limited, Hyundai Nishat Motors(Pvt) Ltd, Topsun Motors and Engineering Services (Pvt) Ltd, Al-Futtaim Automotive Pakistan (Pvt) Ltd, Khalid and Khalid Holdings (Ptv) Ltd and Hanteng Motors Company (Pvt) Ltd.DNA