diff --git a/conan/tools/premake/__init__.py b/conan/tools/premake/__init__.py
index 339d38a6b18..c51356c5995 100644
--- a/conan/tools/premake/__init__.py
+++ b/conan/tools/premake/__init__.py
@@ -1,2 +1,3 @@
 from conan.tools.premake.premake import Premake
-from conan.tools.premake.premakedeps import PremakeDeps
\ No newline at end of file
+from conan.tools.premake.premakedeps import PremakeDeps
+from conan.tools.premake.toolchain import PremakeToolchain
diff --git a/conan/tools/premake/premake.py b/conan/tools/premake/premake.py
index 69765dd3c56..ea63b25ebbe 100644
--- a/conan/tools/premake/premake.py
+++ b/conan/tools/premake/premake.py
@@ -1,10 +1,19 @@
+import textwrap
+from pathlib import Path
+
+from jinja2 import Template
+
+from conan.tools.files import save
+from conan.tools.microsoft.msbuild import MSBuild
+from conan.tools.premake.toolchain import PremakeToolchain
+
 # Source: https://learn.microsoft.com/en-us/cpp/overview/compiler-versions?view=msvc-170
 PREMAKE_VS_VERSION = {
-    '190': '2015',
-    '191': '2017',
-    '192': '2019',
-    '193': '2022',
-    '194': '2022',  # still 2022
+    "190": "2015",
+    "191": "2017",
+    "192": "2019",
+    "193": "2022",
+    "194": "2022",  # still 2022
 }
 
 
@@ -13,28 +22,67 @@ class Premake:
     Premake cli wrapper
     """
 
+    filename = "conanfile.premake5.lua"
+
+    # Conan premake file which will preconfigure toolchain and then will call the user's premake file
+    _premake_file_template = textwrap.dedent(
+        """\
+    #!lua
+    include("{{luafile}}")
+    {% if has_conan_toolchain %}
+    include("conantoolchain.premake5.lua")
+    {% endif %}
+    """
+    )
+
     def __init__(self, conanfile):
         self._conanfile = conanfile
-
-        self.action = None              # premake5 action to use (Autogenerated)
-        self.luafile = 'premake5.lua'   # Path to the root (premake5) lua file
+        # Path to the root (premake5) lua file
+        self.luafile = Path(self._conanfile.source_folder) / "premake5.lua"
         # (key value pairs. Will translate to "--{key}={value}")
-        self.arguments = {}             # https://premake.github.io/docs/Command-Line-Arguments/
+        self.arguments = {}  # https://premake.github.io/docs/Command-Line-Arguments/
+        self.arguments["scripts"] = self._conanfile.generators_folder
+        if self._conanfile.settings.get_safe("arch"):
+            self.arguments["arch"] = self._conanfile.settings.arch
 
         if "msvc" in self._conanfile.settings.compiler:
-            msvc_version = PREMAKE_VS_VERSION.get(str(self._conanfile.settings.compiler.version))
-            self.action = f'vs{msvc_version}'
+            msvc_version = PREMAKE_VS_VERSION.get(
+                str(self._conanfile.settings.compiler.version)
+            )
+            self.action = f"vs{msvc_version}"
         else:
-            self.action = 'gmake2'
+            self.action = "gmake"
 
     @staticmethod
     def _expand_args(args):
-        return ' '.join([f'--{key}={value}' for key, value in args.items()])
+        return " ".join([f"--{key}={value}" for key, value in args.items()])
 
     def configure(self):
+        has_conan_toolchain = (
+            Path(self._conanfile.generators_folder) / PremakeToolchain.filename
+        ).exists()
+        content = Template(self._premake_file_template).render(
+            has_conan_toolchain=has_conan_toolchain, luafile=self.luafile
+        )
+
+        conan_luafile = Path(self._conanfile.build_folder) / self.filename
+        save(self._conanfile, conan_luafile, content)
+
         premake_options = dict()
-        premake_options["file"] = self.luafile
+        premake_options["file"] = conan_luafile
 
-        premake_command = f'premake5 {self._expand_args(premake_options)} {self.action} ' \
-                          f'{self._expand_args(self.arguments)}'
+        premake_command = (
+            f"premake5 {self._expand_args(premake_options)} {self.action} "
+            f"{self._expand_args(self.arguments)}"
+        )
         self._conanfile.run(premake_command)
+
+
+    def build(self):
+        if self.action.startswith("vs"):
+            msbuild = MSBuild(self)
+            # TODO determine the generated solution name from premake build script
+            # msbuild.build(sln=".sln")
+        else:
+            build_type = str(self._conanfile.settings.build_type)
+            self._conanfile.run(f"make config={build_type.lower()} -j")
diff --git a/conan/tools/premake/toolchain.py b/conan/tools/premake/toolchain.py
new file mode 100644
index 00000000000..04ea4e1bcbe
--- /dev/null
+++ b/conan/tools/premake/toolchain.py
@@ -0,0 +1,75 @@
+import os
+import textwrap
+
+from jinja2 import Template
+
+from conan.tools.files import save
+
+
+class PremakeToolchain:
+    """
+    PremakeToolchain generator
+    """
+
+    filename = "conantoolchain.premake5.lua"
+
+    _premake_file_template = textwrap.dedent(
+        """\
+    #!lua
+    include("conandeps.premake5.lua")
+
+
+    workspace "{{workspace}}"
+        premake.api.addAliases("architecture", {
+          ["armv8"] = "arm64"
+        })
+
+        {% if cppstd %}
+        cppdialect "{{cppstd}}"
+        {% endif %}
+        {% if cstd %}
+        cdialect "{{cstd}}"
+        {% endif %}
+        location "{{ build_folder }}"
+        targetdir "{{ build_folder }}"
+        conan_setup()
+
+        {% if variables %}
+        defines { {{variables}} }
+        {% endif %}
+    """
+    )
+
+    def __init__(self, conanfile, workspace="*"):
+        # '*' is the global workspace
+        self._conanfile = conanfile
+        self.workspace = workspace
+        # TODO: not possible to overwrite upstream defines yet
+        self.defines = {}
+
+    def generate(self):
+        cppstd = self._conanfile.settings.get_safe("compiler.cppstd")
+        cstd = self._conanfile.settings.get_safe("compiler.cstd")
+        if cppstd.startswith("gnu"):
+            cppstd = f"gnu++{cppstd[3:]}"
+
+        formated_variables = ""
+        for key, value in self.defines.items():
+            if isinstance(value, bool):
+                value = 1 if value else 0
+            formated_variables += f'"{key}={value}", '
+
+        content = Template(
+            self._premake_file_template, trim_blocks=True, lstrip_blocks=True
+        ).render(
+            workspace=self.workspace,
+            build_folder=self._conanfile.build_folder,
+            cppstd=cppstd,
+            cstd=cstd,
+            variables=formated_variables,
+        )
+        save(
+            self,
+            os.path.join(self._conanfile.generators_folder, self.filename),
+            content,
+        )
diff --git a/test/integration/toolchains/premake/test_premake.py b/test/integration/toolchains/premake/test_premake.py
index a7d8bce37ad..a991e47117c 100644
--- a/test/integration/toolchains/premake/test_premake.py
+++ b/test/integration/toolchains/premake/test_premake.py
@@ -22,3 +22,25 @@ def build(self):
     c.save({"conanfile.py": conanfile})
     c.run("build . -s compiler=msvc -s compiler.version=193 -s compiler.runtime=dynamic")
     assert "conanfile.py: Running premake5 --file=myproject.lua vs2022 --myarg=myvalue!!" in c.out
+
+
+
+def test_premake_compile():
+    c = TestClient()
+    conanfile = textwrap.dedent("""
+        from conan import ConanFile
+        from conan.tools.premake import Premake
+
+        class Pkg(ConanFile):
+            settings = "os", "compiler", "build_type", "arch"
+            def run(self, cmd, *args, **kwargs):
+                self.output.info(f"Running {cmd}!!")
+            def build(self):
+                premake = Premake(self)
+                premake.luafile = "myproject.lua"
+                premake.arguments = {"myarg": "myvalue"}
+                premake.configure()
+                """)
+    c.save({"conanfile.py": conanfile})
+    c.run("build . -s compiler=msvc -s compiler.version=193 -s compiler.runtime=dynamic")
+    assert "conanfile.py: Running premake5 --file=myproject.lua vs2022 --myarg=myvalue!!" in c.out
diff --git a/test/integration/toolchains/premake/test_premakedeps.py b/test/integration/toolchains/premake/test_premakedeps.py
index 5beafc197dd..7c7bd60f3ca 100644
--- a/test/integration/toolchains/premake/test_premakedeps.py
+++ b/test/integration/toolchains/premake/test_premakedeps.py
@@ -1,6 +1,9 @@
 import textwrap
 
+from conan.test.utils.mocks import ConanFileMock
 from conan.test.utils.tools import TestClient
+from conan.tools.env.environment import environment_wrap_command
+from conan.test.assets.genconanfile import GenConanfile
 
 
 def assert_vars_file(client, configuration):
@@ -62,3 +65,114 @@ def package_info(self):
     # Assert package per configuration files
     assert_vars_file(client, 'debug')
     assert_vars_file(client, 'release')
+
+
+def test_todo():
+    # Create package
+    client = TestClient()
+    # client.run("remote add conancenter https://center2.conan.io")
+
+    def run_pkg(msg):
+        host_arch = client.get_default_host_profile().settings['arch']
+        cmd_release = environment_wrap_command(ConanFileMock(), f"conanrunenv-release-{host_arch}",
+                                               client.current_folder, "dep")
+        client.run_command(cmd_release)
+        assert "{}: Hello World Release!".format(msg) in client.out
+
+    client.run("new cmake_lib -d name=dep -d version=1.0 -o dep")
+
+    consumer_source = textwrap.dedent("""
+        #include <iostream>
+        #include "dep.h"
+
+        int main(void) {
+           dep();
+           std::cout << "Hello World" << std::endl;
+           return 0;
+        }
+    """)
+
+    premake5 = textwrap.dedent("""
+        include("conandeps.premake5.lua")
+
+        workspace "HelloWorld"
+           configurations { "Debug", "Release" }
+
+        project "HelloWorld"
+           kind "ConsoleApp"
+           language "C++"
+           targetdir "bin/%{cfg.buildcfg}"
+
+           files { "**.h", "**.cpp" }
+           conan_setup()
+
+           filter "configurations:Debug"
+              defines { "DEBUG" }
+              symbols "On"
+
+           filter "configurations:Release"
+              defines { "NDEBUG" }
+              optimize "On"
+    """)
+
+
+    conanfile = textwrap.dedent("""
+        from conan import ConanFile
+        from conan import ConanFile
+        from conan.tools.files import copy, get, collect_libs, chdir, save, replace_in_file
+        from conan.tools.layout import basic_layout
+        from conan.tools.microsoft import MSBuild
+        from conan.tools.premake import Premake, PremakeDeps
+        import os
+
+        class Pkg(ConanFile):
+            settings = "os", "compiler", "build_type", "arch"
+            name = "pkg"
+            version = "1.0"
+            exports_sources = '*'
+
+            def layout(self):
+                basic_layout(self, src_folder="src")
+
+            def requirements(self):
+                self.requires("dep/1.0")
+
+            def generate(self):
+                deps = PremakeDeps(self)
+                deps.generate()
+
+            def build(self):
+                with chdir(self, self.source_folder):
+                    premake = Premake(self)
+                    premake.arguments = {"scripts": "../build-release/conan"}
+                    premake.configure()
+                    if self.settings.os == "Windows":
+                        pass
+                        # msbuild = MSBuild(self)
+                        # msbuild.build("Yojimbo.sln")
+                    else:
+                        build_type = str(self.settings.build_type)
+                        self.run(f"make config={build_type.lower()} -j")
+
+            def package(self):
+                copy(self, "*.h", os.path.join(self.source_folder, "include"), os.path.join(self.package_folder, "include", "pkg"))
+                for lib in ("*.lib", "*.a"):
+                    copy(self, lib, self.source_folder, os.path.join(self.package_folder, "lib"), keep_path=False)
+        """)
+
+    client.save({"consumer/conanfile.py": conanfile,
+                 "consumer/src/hello.cpp": consumer_source,
+                 "consumer/src/premake5.lua": premake5,
+                 })
+
+    client.run("create dep")
+    client.run("create consumer --build=missing")
+    build_folder = client.created_layout().build()
+    print(build_folder)
+
+    print(client.out)
+    client.run("install consumer")
+    run_pkg("Hello World")
+
+    print(client.out)
+