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Al-Futtaim acquires land for manufacturing Renault cars

Al-Futtaim Group, one of the biggest conglomerates of the United Arab Emirates, has acquired an industrial plot for setting up an automotive plant for the manufacturing and assembly of Renault vehicles in Pakistan.

The group announced on Tuesday that it would set up the manufacturing facility in the industrial city of Faisalabad, which has the largest special economic zone in the country.

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