Staff Reporter
Karachi
A delegation of Engineering Development Board headed by General Manager K.B Ali called on Korangi Association of Trade & Industry (KATI). Vice President of KATI Syed Wajid Hussain, Chairman & CEO KITE Zubair Chhaya, Head of KATI’ standing committee on Automobile Ghazanfar Ali Khan and others welcomed the delegation.
On this occasion VP KATI Syed Wajid Huassain said that as we lagging behind in Research and development, this is the basic cause of challenges faced by our industry particularly and economy in general. He urged that there is need to promote research culture especially in the field of Engineering for the prosperity of industrial sector in Pakistan.
Zubair Chhaya was of view that everybody knows the causes of declining exports, now it is time to take action towards the right direction. Prior to this GM EDB, KB Ali said that promotion of Engineering Value Addition sector should be the priority to increase country’s exports. He said that in global trade engineering value added products has a share of trillions of dollars but our contribution in the sector is negligible.
He told that a delegation of EDB have visited major cities to collect information from industrialists regarding export related problems and hurdles faced by them, and to prepare proposals and suggestion to resolve the issues.
