Promotion of local industry
Staff Reporter Lahore
In line with the vision of Govt of Pakistan for ease of doing business, the National Transmission and Despatch Company (NTDC) has taken initiative to promote and encourage local industry, manufacturers and contractors pertaining to power sector.
In this regard, virtual meeting of all stakeholders was conducted under the supervision of Chairman Board of Directors NTDC Mr. Naveed Ismail, at WAPDA House Lahore on monday.
Addressing to the large number of participants, Mr. Naveed Ismail said that as per the vision of Govt of Pakistan, NTDC aims to encourage the local industry, manufactures, contractors, consultants, suppliers in the field of transformers, cable, conductor, towers and other accessories.
This will result in promotion of indigenization, new players in the market bringing economy in prices, saving in foreign exchange, creation of employment opportunities and GDP growth of the country.
Later the Managing Director NTDC Engr. Dr. Khawaja Riffat Hassan chaired the second session of the meeting of consultants and contractors, wherein, suggestions of every participant were noted and taken seriously for development of mutual mechanism.
Managing Director NTDC asked all stakeholders to submit their collective suggestions and proposals to NTDC for further deliberations.
He further said that to promote and accommodate the local industry, NTDC team will review the process after fulfilling the legal formalities. He intimated that the follow up meeting on the subject will be held subsequently.