The government plans to increase export of engineering goods
to $ one billion by 2010.
In recent years, private engineering companies have
succeeded in finding new markets particularly in the United
States and Europe for their products, a private tv channel
reported quoting official sources.
For instance, recently a company exported a sugarmill plant
to America. The plant is one of the biggest in the world.
According to Rizwan Qadri, Director Qadbros Engineering, the
participation of Pakistani companies in Hanover industrial
fair for the last two years has opened new doors for them
resulting in new buyers of their products and services.
Syed Nabeed Hashmi, who runs Thermosole Industries, said his
company is manufacturing components for black taxis in
London.
“We ourselves designed this component, got its approval from
engineers abroad and now hold its patent,” he added.
CEO Engineering Development Board Imtiaz Rastgar said the
engineering sector holds great potential and Pakistani
companies can expand their export through better marketing
of their engineering products.
Exports of mechanical, electrical, electronic goods can be a
potent way to increase overall volume of exports.
