Al-Futtaim announced the acquisition of an industrial plot of land to set-up on automotive plant for the manufacture and assembly of France's famous brand vehicles in Pakistan.
The world-class facility will be set up at M-3 Industrial City in Faisalabad, which is strategically located in the country and is Pakistan's largest Special Economic Zone.
Senior Managing Director of Al-Futtaim Automotive International Colin Cordery said in a statement that Al-Futtaim is fully committed to the Pakistani market and to this project,
He said We, together with French Group are delighted to have completed the land acquisition, which is an important milestone in the project.
Source: Radio Pakistan