Yamaha Motors have planned to invest $150 million (USD) to establish a new production facility on 50 acres of land near Karachi, Pakistan.
During a meeting with Pakistani President Asif Ali Zardari, Yamaha Motors President Hiroyuki Yanagi commented that initial plans for the new factory included the manufacture of 22,000 small displacement motorcycles. Future plans intend to increase production to 750,000 units annually within the next ten years. While it’s unlikely that any of the initial units to be built at the facility will be of the type currently being exported to North America, the scenario could change as the production numbers are increased.
According to Yamaha, the new factory would not only employ up to 45,000 people, but will also bring advanced technologies to Pakistan in the form of comprehensive training and technical education to its employees and dealer network.