asked the government to provide Ministry of Science and Technology at least Rs 2 billion for upgrading technology.
In order to make the event successful for the country, EDB
has invited engineering industry to take active part in Expo 2013 and increase prospects of their exports and attract foreign buyers.
The idea of developing a coal gasifier based on indigenous coal was floated by EDB
in a joint meeting with Pakistan Iron & Steel Institute (PIASI).
In addition, EDB
ErgoGroup will incur NOK10m operational costs related to the synergy programme and another NOK25m costs related to planning, detailing and implementation of the programme.
Meanwhile, Adviser to the PM on industries Abdul Razzaq Dawood acknowledged that there were issues with the EDB
and the appointment process has been finalised and an advertisement inviting applications for the position will be released soon.
Also, representatives from new entrants in the automobile sector from Renault Al-Futtaim will be a part of EDB
can promote pioneer industry that can be instrumental in product and market diversification, which is critical for export growth,' he added.
closure feared to discourage use of Pakistani auto parts
An official revealed that a prominent businessman from Lahore, who was setting up an auto plant under the new auto policy, had complained to the then premier that the EDB
was creating hurdles in the way of taking necessary approvals.
"In June this year, the Council of the EDB
approved a new medium-term strategy for the period from 2018 to 2022.
Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) spokesman regretted that "It is extremely unfortunate that government rushed into the decision to dissolve the EDB
at the very moment where all of its hard work over the years is paying off dividends to the industry and the nation".