In a bid to boost the industrial sector, a new common Expo Centre will be established for cities of Sialkot, Gujrat, Wazirabad, and Gujranwala.
This was agreed in principle by Advisor to the Prime Minister on Commerce and Investment, Abdul Razak Dawood, during an official visit to Gujrat Chamber of Commerce and Industries (GCCI).
The advisor recognized and appreciated the role of industries in the aforementioned cities for their contribution to overall exports of Pakistan and assured full support to the exporters and industrialists.
The Advisor underlined that for sustainable growth in exports, there is a need to diversify local products into the developmental sectors and find new markets, including Africa and the Middle East.
During the visit, the advisor discussed the development of fans, furniture, and pottery industries with the representatives. Dawood visited the Pakistan Electric Fan Manufacturers Association, where the representatives shared different issues related to the export of fans and discussed practical and constructive solutions for the development of the industry and resolution of problems.
Razak Dawood apprised the representatives of the industry of various cost reduction measures, like tariff rationalization on raw materials and intermediaries, taken by the Ministry of Commerce, to enable the industry to manufacture their products on globally competitive rates and ensure value-addition.
He reiterated that these measures are essential for strengthening the economy by promoting ‘Make in Pakistan’, export-led growth, and import substitution.