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Engineering Pakistan - Workshop on Future of Automotive Industry in Pakistan
Workshop on "Future of Automotive Industry in Pakistan"
Wednesday, 8th March 2006 at 10:00 AM
Venue: (Islamabad Club Auditorium)
Islamabad, Pakistan

About Workshop

Engineering Development Board (EDB) is working under the Ministry of Industries, Production & Special Initiatives and entrusted with the responsibilities of the development of engineering sector of Pakistan and connecting it to the global markets.

The workshop on the “Future of Automotive Industry in Pakistan ” aims to share the vision of the leading auto industrialists and eminent economists on how they envision the future auto industry of Pakistan for becoming a major driver of economic growth.

Transformation of this sector into a globally competitive and export oriented industry needs foreign direct investment, acquisition of latest technologies, expansion in existing capacities and rationalization of tariff regime for its integration into the global supply chain. The workshop would provide an excellent platform to initiate the dialogue process on the key issues of the automotive industry, challenges ahead thus framing a strategy to trigger growth in this industry.

Board of Governors appreciated one and a half year performance of EDB. Currently 1500 foundries are operating in the country – CEO addressed the International Foundry Conference. During the International Foundry Conference CEO emphasized on the importance of internships/trainings for students.Five years tariff plan given in AIDP will help the Industry to make long term investment – CEO addressed the workshop on AIDP. EDB to take delegation to metal working show – EMO 2007 to Hannover in September 2007. Minister Jahangir Khan Tareen formed committee of OVMs & EDB officials to solve differences on tariff given in AIDP. JICA advised Pakistan to focus on high value manufacturing. Pak Industrial sector grows at 10.9 percent during the first quarter of current financial year. MIDEST 2006 and Euromold 2006, the leading international trade shows opened new avenues for Pakistan’s engineering sector  Youth Business International Mentor’s Program of Prince Charles started its operations in Pakistan.

 

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