EDB chief calls for raising engineering goods export
Says this industry can boost Pakistan’s export revenue by $5 billion
LAHORE:
Pakistan can boost its export revenue by $5 billion in the coming years as the global engineering sector presents a huge opportunity for the country, said Engineering Development Board (EDB) Chairman Almas Hyder.
He made the remarks at a ceremony held for signing a memorandum of understanding (MoU) between the Pakistan Business Council (PBC) and the EDB on Tuesday. The MoU is aimed at developing Pakistan’s engineering goods and services sector.
“Currently, Pakistan only taps 0.04% of the approximately $9 trillion global engineering goods’ export segment,” he said.