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July 9, 2006 Sunday Jumadi-ul-Sani 12, 1427


New plant


KARACHI, July 8: Atlas Honda Ltd. (AHL), a motorcycle production and sales joint venture in Pakistan between Honda and the Atlas Group, announced setting up of production at a new motorcycle plant in Lahore. The investment in the plant is about Rs1.8 billion, which will raise the AHL’s annual production capacity from 400,000 units to 500,000 units.

Yusuf H Shirazi, Chairman of AHL attended the line off ceremony along with Takeo Fukui, president of Honda Motor Co. Ltd., says a press release.



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