ISLAMABAD: The Yamaha Motorcycle Manufacturing Plant would be inaugurated in Pakistan this April, according to the decision made during meeting of Finance Minister Mohammad Ishaq Dar with a high level delegation of Yamaha Motor Corporation in Tokyo.
The minister was informed that the plant would produce 31,000 units in the first year with a localization of 25 percent and achieve 55 percent localization in three years and 85 percent in five years.
This would bring new value to Pakistani market and increase the competitiveness of its industry, the delegation members said adding the company would initially focus on the domestic market and target exports at a later stage.
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