11-01-2005
Mercedes Benz to Produce Cars and Trucks in Pakistan
via www.dawn.com
Germany and UAE will invest $3 billion in hydel power generation and production of Mercedes Benz cars and trucks in Pakistan. Out of the total amount, about $2 billion would be invested in hydel power generation, while the rest would be invested in automobile sector to set up production plant for Mercedes Benz cars and trucks, the group observed. During the first phase, the group would produce trucks for defence forces and set up a production line for two new commercial models of Mercedes Benz cars in addition to constructing the tallest high-rise ‘international commercial city’…