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Industrial Bulletin

May 2012

Featuring

Competitiveness & Efficiency exercise 2012-13

Secretary MOIP holds meeting with stakeholders of Auto Sector

EDB discusses issues of Auto Sector with stakeholders

Incentives for new entrants in Automobile Sector

PUM Expert Assists Pakistani Companies

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EDB in continuation to previous practices has initiated Competitiveness and Efficiency improvement Exercise for the budget FY 2012-13, to achieve the objective of Competitveness and Productivity. Mr. Aziz Ahmad Bilour, Federal Secreatary Ministry of Industries held meeting with the representatives of Pak Suzuki, Indus Motor Company, Landi Renzo, Tesla, BRC about difficult situation being faced by OEM's and CNG kit manufacturers after the imposition of ban on the import and installation of CNG kits on 15th December 2011. The Engineering Development Board believes that Pakistan can exploit the latent potential in auto sector and generate huge employments for the burgeoning youth of the country.Mr Aitazaz A. Niazi , CEO EDB has said in a meeting with Karachi Chamber of commerce & industry (KCCI) that EDB is working on different projects for prompting them at large scale of economy.EDB is giving final touches to the new entrant auto policy which is expected to be submitted before the economic Co-ordination Committee of cabinet shortly.

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