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Thread: Yamaha to invest $150million in Pakistan

  1. #1
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    Thumbs up Yamaha to invest $150million in Pakistan

    This is the latest and confirmed news. I heard the news on GEO and also came across this LINK

    I see it as a prologue to an entirely new era in "motor biking" in Pakistan. For the first time Yamaha will locally manufacture bike from 125 to 150cc range, plus the bikes will be featured with EFi technology.

    Lets hope they bring something according to the desires of the biker's community.

    Web: http://www.bikepics.com/members/sniperr and http://wanderersbook.blogspot.com

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    Quote Originally Posted by r1 View Post
    Yahan Deluxe ke petrol settings nahi kar saktay mechanic na unhay piaggio kay carb ki rubber lagani ati hay they attach the rubber with glue and say "yaar ye ravi walo nay 2 number dali hay". So if Yamaha would bring EFI Bikes then their reaction would be "WTF"
    you are absolutely correct about Ustaad log

  3. 02-10-2012, 08:18 PM
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  4. 02-10-2012, 08:22 PM
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    Quote Originally Posted by r1 View Post
    Just tell me are you satisfied with your Deluxe current performance? Giving economical mileage according to your requirements?
    yes I am satisfied with deluxe's performance & mileage is good
    I have not faced any serious issue yet Alhamdulillah
    on about 4500km
    i was feeling uncomfortable while driving
    there was some problem with handle so i went to mechanic
    He just adjusted handle nut and problem was resolved

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    Amjad , did you read the today new paper ? Govt finally changing policy, and reduced the import costs... and extending negotiations with Yamaha Corp.



    Quote Originally Posted by amjad635 View Post

    Vicky bro It would be Revolution
    https://www.pakwheels.com/forums/motorcycle-travel-diaries/277725-sober-riders-visit-khunjerab-adventurous-way-via-nori-pass

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    its good news, in which paper did you read vicky?
    Yamaha must be having very good plans that why Gov: is taking interest too
    Our only hope is now Yamaha, can't expect this kind of step from any other company
    atleast not from companies currently operating in pakistan



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    Sure man have a loookk a happy moment

    Daily Express News Story


    Quote Originally Posted by amjad635 View Post
    its good news, in which paper did you read vicky?
    Yamaha must be having very good plans that why Gov: is taking interest too
    Our only hope is now Yamaha, can't expect this kind of step from any other company
    atleast not from companies currently operating in pakistan

    https://www.pakwheels.com/forums/motorcycle-travel-diaries/277725-sober-riders-visit-khunjerab-adventurous-way-via-nori-pass

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    So what's overall impact on import....
    I am not a MOD.... And am proud of that....

  10. 03-10-2012, 05:45 PM
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  11. 03-10-2012, 05:48 PM
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  12. #147
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    Quote Originally Posted by r1 View Post
    AHL, DYL, SUZUKI has quality products CG, YB, GS to kick a** chonda. True riders always prefer quality on Shushka
    Many Pakis are happy with Chonda's Quality as well (with price performance ratio)
    31.5497 N, 74.3436 E

  13. 03-10-2012, 08:42 PM
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    Quote Originally Posted by Juste View Post
    Many Pakis are happy with Chonda's Quality as well (with price performance ratio)
    yes some chonda's are reliable i have good experience with
    super power,unique & specially hi-speed very good 70cc machine

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    Quote Originally Posted by r1 View Post
    Am not against Chonda dude and we know everyone can not afford CG, Deluxe or GS. The only thing if they making cheap bikes for people they should increase their quality a bit but i know that would affect on their profit.

    and refrain of posting this word "PAKI" its an abuse hope you would not mind.
    I am also not against them except their prices and things which they are providing. When PAKI changed to abused ?
    31.5497 N, 74.3436 E

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    Quote Originally Posted by Juste View Post
    Many Pakis are happy with Chonda's Quality as well (with price performance ratio)
    agreed except the bold part;.
    bro it is a derogatory word for our motherland...

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    source : 03-oct-2012 dawn

    ISLAMABAD, Oct 2: The Economic Coordination Committee (ECC) decided on Tuesday to rationalise the tariff structure for the two-wheeler industry, and approved to gradually reduce tariff regime in a way that local industry would not suffer and attract foreign investment at the same time.

    The rationalised tariff structure will be determined during the ECC meeting scheduled to take place next week. However, Board of Investment Chairman Saleem Mandviwalla expressed hope that the new structure would be implemented in one week’s time.
    ECC also decided that new entrant’s policy will be discussed in forthcoming ECC meeting next week.
    After a detailed summary on the “Protection of Motorcycle Industry” presented by Commerce Secretary Munir Qureshi, the ECC decided to constitute a committee for finalising a new tariff structure.
    The committee comprised Chairman Board of Investment, Deputy Chairman Planning Commission, and secretaries of commerce and industries. ECC held lengthy discussions and devoted full session on the motorcycle industry.
    Qureshi in his summary focused on different aspects including production capacity, category-wise growth rate, types and details of motorcycle manufacturer, current tariff structure and barriers for new entrant in motorcycle industry of Pakistan.
    Mandviwalla while talking to newsmen stated that the rationalised tariff structure will provide equal opportunities to existing motorcycle plants and new entrants.
    About the motorcycle industry, he said: “There are only nine two-wheeler manufacturers in the organised sector while 68 remain unregulated. With the introduction of rationalised tariff structure, all unregulated units would come under the organised sector.”
    The Japanese motorcycle company, Yamaha, which is looking for space to enter into the motorcycle industry in Pakistan, will now be able to make the ground with the government’s decision on tariff rationalisation.
    The Japanese company will invest $150 million and has already bought land in Bin Qasim Town in Karachi.
    Finance Minister Abdul Hafeez Shaikh who chaired the ECC meeting, stated that the process of tariff rationalisation must ‘ensure protection of local motorcycle industry’ and that a level playing field should be provided to all stakeholders

    Motorbike industry: ECC okays gradual reduction in tariff | DAWN.COM

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    ECC still undecided on policy for new entrants in motorcycle industry – The Express Tribune

    ECC still undecided on policy for new entrants in motorcycle industry


    Yamaha wants to invest $150 million in a plant that will manufacture motorcycles of 100cc engine capacity and above. PHOTO: FILE

    ISLAMABAD: The Economic Coordination Committee (ECC) failed to take a final decision regarding incentives for new entrants in the motorcycle industry on Tuesday, after the Ministry of Industries strongly opposed a plan proposed by the Ministry of Commerce. The meeting was deliberating the terms on which to allow reentry of Japanese bike maker Yamaha in the Pakistani market, which critics say will come at the cost of local manufacturers. Finance Minister Dr Abdul Hafeez Sheikh had presided over the meeting.
    Sources told The Express Tribune that the ECC meeting discussed only one agenda on Tuesday ? that regarding new entrants in the motorcycle industry. The discussion continued for four hours, but concluded without a final decision.
    During the meeting, the Ministry of Commerce tabled a new entrant policy for the motorcycle industry, complete with duty and tax cuts. It was to be applied to motorcycles of 100cc engine capacity and above, which had been made using the latest technology.
    The commerce ministry had proposed a reduction in tariff for new entrants on the import of Completely Built Units (CBU) from 65% to 35%. On the other hand, local industry had demanded that the tariff be reduced only to 50%, in order to protect it.
    Yamaha wants to invest $150 million in a plant that will manufacture motorcycles of 100cc engine capacity and above. The Japanese firm had left the Pakistani market some time ago, but now wishes for a reentry.
    Countering the Ministry of Commerce?s proposal, the Ministry of Industries told the ECC that 86 local manufacturers operating in the country would be forced to wind up their businesses if new entrants were allowed with the proposed reduction in tariff.
    The Ministry of Industries had pleaded to the ECC that Yamaha should not be allowed incentives that come at the cost of local manufactures, which currently produce 1.6 million motorcycles per year. These manufactures had made heavy investments in manufacturing, and Pakistanis would be forced to rely on imports if bike makers were forced to wind up operations, officials had said. ?We need to give some protection to local manufacturers,? they concluded.
    ?The Economic Coordination Committee (ECC) has agreed in principle to gradually reduce the tariff for new entrants so that existing local manufacturers will not be hurt,? sources said; adding that a majority of federal ministers had supported the Ministry of Industries? stance.
    Agenda for Wednesday
    The ECC will meet again on Wednesday (today) to discuss the Yamaha issue along with other items, including: the import of LNG, indemnity for hydropower projects in Azad Jammu and Kashmir, and the renewal of Rs2 billion guarantee for Pakistan Steel Mills.
    The ECC will consider approving government guarantees for the building of hydropower projects in Azad Jammu and Kashmir (AJK), in order to meet a key demand of foreign investors keen to invest in the state.
    Foreign firms had told the Ministry of Water and Power that international lenders are not willing to provide loans for hydropower projects in AJK because of the state?s legal status. They had sought government guarantees to win loans and undertake the projects.
    The issue of guarantees had first emerged after South Korea-based Star Hydropower Limited sought guarantees from the Government of Pakistan for investing in the 147 megawatt Patrind Hydropower Project, which is to be built on the boundary of Abbottabad and Muzaffarabad (AJK). The firm will complete the project in three-and-a-half years, at an estimated cost of $400 million.
    The ECC will also consider a new proposal for the import of one billion cubic feet per day (bcfd) of LNG. The Ministry of Petroleum and Natural Resources has proposed the LNG import project be implemented in three phases. In the first two phases, 400 million cubic feet of LNG per day (mmcfd) will be imported in the first round, and the same quantity will be imported again in the second round. In addition to these, 200 mmcfd of LNG will be imported on a fast-track basis from international sources through direct negotiations, competitive bidding or spot purchases.
    The ECC will also discuss a summary sent by the Production Division, seeking the renewal of a Rs2 billion government guarantee for the financially-troubled Pakistan Steel Mills. It will also decide whether to release latex foam imported from India by Shafi Lifestyle Limited, Lahore.
    Published in The Express Tribune, October 3rd, 2012.


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    Motorcycle industry: Tariff rates will be brought down gradually: ECC



    Motorcycle industry: Tariff rates will be brought down gradually: ECC

    ISLAMABAD: After more than two and half hour heated debate, the Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved in principle decision to gradually bring down tariff rates in a way that the local industry should not be impacted.

    Sources said that over two and half hours discussion on new entrants in motorcycle industry in the ECC presided over by the Finance Minister, Dr Abdul Hafeez Sheikh led to approval in principle. The ECC as well as stakeholders of the motorcycle and vendors industry, who were also invited to listen to their view point, were poles apart on the issue.

    Sources said that the other items on the agenda were put off for today (Wednesday) to deliberate on the general tariff reduction for motorcycle industry. Saleem Mandiviwala, Chairman Board of Investment said only one point agenda item was discussed by the ECC that is to allow Yamaha to invest $150 million to manufacture 100cc and above motorcycles.

    Saleem Mandviwala also claimed that the committee agreed in principle to rationalize the tariff. The chairman said the ECC also agreed in principle on a uniform tariff rate for existing manufacturers and new entrants. Mandviwala argued that rationalization of tariff for new entrants would help government discourage the smuggling of motorcycle parts as well as provide level playing field to the new investors.

    Sources said that the representatives of Honda Atlas, Chinese motorcycle manufacturers, Pakistan Automotive Manufactures Association (PAMA) and Pakistan Auto Parts Manufactures Association (PAAPAM) gave their view point to the ECC. Representatives of Honda Atlas have strongly opposed the tariff reduction while Chinese assemblers and others have supported the recommendations for decrease in tariff.
    A committee was constituted by the previous meeting of the ECC on a summary moved by the Commerce Ministry regarding “Protection of
    Motorcycle Industry” under the chairman BOI, Deputy Chairman Planning Commission, Secretary Ministry of Commerce and Secretary Ministry of Industries for making a presentation on the issue after taking on board all the stakeholders.

    On Tuesday, Secretary Commerce gave a briefing to the ECC focusing on different aspects including production capacity, category-wise growth rate, types and details of motorcycle manufacturers, current tariff structure and barriers for new entrants in motorcycle industry of Pakistan. Sources said that Minister for Finance was not satisfied with the presentation and pointed out that briefing was vague on some of the aspects and does not provide sufficient ground to take any clear decision on the issue.

    The Minister stressed that in the process it must be ensured that the local motorcycle industry should not be affected and that a level playing field be provided to all the stakeholders. The decision about percentage reduction in tariff would be taken in the forthcoming ECC meeting. The meeting also decided that new entrants’ policy will be discussed in forthcoming ECC meeting.

    The ECC also discussed economic indicators which were presented by Secretary Finance. It was informed that CPI, SPI and WPI remained at 9.1 percent, 8.0 percent and 7.6 percent, respectively in July-September 2012. Iron and Steel products showed 20.57 percent positive change in growth in the area of Large Scale Manufacturing. Remittances stood at $ 2464 million.

    The ECC was also updated on the implementation status of the decisions taken by the committee. The committee was informed that 751 decisions were taken in 82 meetings of which 683 decisions were implemented. The percentage of implementation was 91 percent, showing efficient performance of the ECC.



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    Thats great of you Nabil to share the news.... even though AHL makes good bikes, but reality is that AHL is just a MAGARMUCH MONOPOLIST as I said before and now it is PROVED by their stubburn stand off! but some AHL fan PW users keep on backing it on forums even knowing the reality.

    Lets see if Yamaha finnally succeeds in breaking the decades old ice in Pakistan! CHONDA zinda bad for suporting the new tarif reduction!



    Quote Originally Posted by nabilM View Post
    Representatives of Honda Atlas have strongly opposed the tariff reduction while Chinese assemblers and others have supported the recommendations for decrease in tariff.


    https://www.pakwheels.com/forums/motorcycle-travel-diaries/277725-sober-riders-visit-khunjerab-adventurous-way-via-nori-pass

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    That is GREAT,
    Yes Vicky bro big hopes from Yamaha,
    May they succeed in breaking years old pakistani people motorcycle philosophy

  22. 05-10-2012, 02:29 PM
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  23. 05-10-2012, 02:30 PM
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  24. #156
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    Industry Bribed ministers are never satisfied!


    Quote Originally Posted by nabilM View Post
    Minister for Finance was not satisfied with the presentation and pointed out that briefing was vague on some of the aspects and does not provide sufficient ground to take any clear decision on the issue.
    https://www.pakwheels.com/forums/motorcycle-travel-diaries/277725-sober-riders-visit-khunjerab-adventurous-way-via-nori-pass

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    Yamaha come we are waiting for new bikes.
    31.5497 N, 74.3436 E

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    Thanks Vicky,Juste and amjad... Really good to see your interest.

    Lets hope they ECC etc.. decide about Tarrif Structure asap... took them years to get this far... Koi itna farigh nahi bheta k wo aap se request karta rahay k bahi muhjay aap k country mein achi bikes lani hein is lye ijazat de do ab... I am really surprised to see Yamaha commitment in this regard.

    Ya phir agar Yamaha ko nahi aanay dete to kam az kam apni products ki quality is Kabil bana lo. Govt. ko chaye ke wo bikes ki Quality/ Price ka balance check kare or in vendors achi quality ki bikes pakistan mein intorduce karwane per pressurize kare. Kyn ke " AAM ADMI" to bechara majboor hay low quality bikes mhengay mein kharidnay per...

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    nabilM bhai Bilkul sahe world famous company years se itni interest dikha rahe hai
    barhe khushi hote hai aur umeed Yamaha ki itni strong willingness ko dekh ke
    but corrupt people took here years to just settle this terrif thing

    jo branded bike available hai unki price sky high hai but quality aur bike standard price ki hisaab
    bilkul sahe nahein hai aur prices abhi barhte ja raha hai
    ya toh en local pakistan ki kismat mein likhe huwe companies
    ko tight kare ke achi latest produdcts de public ko


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    hahahahha yar same frustration level I have too... really looking fwd to YAMAHA to break in and kill the monopolists.. Just like Jazz Ruled GSM for a decade then Ufone kicked in and see how cheap we have GSM service, I want the Bikes future to be like this as well, just like India.


    Quote Originally Posted by nabilM View Post
    Thanks Vicky,Juste and amjad... Really good to see your interest.

    Lets hope they ECC etc.. decide about Tarrif Structure asap... took them years to get this far... Koi itna farigh nahi bheta k wo aap se request karta rahay k bahi muhjay aap k country mein achi bikes lani hein is lye ijazat de do ab... I am really surprised to see Yamaha commitment in this regard.

    Ya phir agar Yamaha ko nahi aanay dete to kam az kam apni products ki quality is Kabil bana lo. Govt. ko chaye ke wo bikes ki Quality/ Price ka balance check kare or in vendors achi quality ki bikes pakistan mein intorduce karwane per pressurize kare. Kyn ke " AAM ADMI" to bechara majboor hay low quality bikes mhengay mein kharidnay per...
    https://www.pakwheels.com/forums/motorcycle-travel-diaries/277725-sober-riders-visit-khunjerab-adventurous-way-via-nori-pass

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