Ghandhara Nissan Limited (GNL) plans to locally assemble Renault Trucks (RT) by end of 2019 at its site in Karachi’s Port Qasim.
At present, RT in partnership with GNL deals in full range of Renault trucks and all the vehicles are being imported in built up condition from Lyon, France.
GNL is also responsible for the distribution and after sales service of three new ranges, notified the company in a stock filing. Senior Vice President of RT, Olivier De Saint Meleuc said Pakistan is an important market and is developing with large infrastructure projects especially under China-Pakistan Economic Corridor (CPEC) which requires robust and reliable trucks to cater to rising demands.
Chief Executive Officer GNL, Ahmed Kuli Khan Khattak said that local assembly will generate employment opportunities. He said that RT would comply 100 per cent with the demanding specifications in terms of safety required by all the major oil companies.
GNL officials say it is not a joint venture but an extension of the cooperation and distribution agreement signed between the two companies in early 2018. He said that the company is planning to assemble 100 units a year which may create over 100 direct jobs.