Lahore: Al-Futtaim Group, which is one of the biggest conglomerates of the UAE, has bought an industrial plot in Faisalabad for the manufacturing and assembly of Renault vehicles, according to a news source.
The company announced that it would set up a plant in the industrial city of Faisalabad, as it has the largest economic zone in the country. Officials from the company stated that they were looking forward to working with Faisalabad Industrial Estate Development and Management Company to develop a factory of the highest international standards. The design and planning for this factory has already begun, and on-site activities are expected to commence shortly.
