THE HAGUE, 1 Sept. 2014. CBI, the Dutch Centre for Promotion Of Exports from Developing Countries today launched a five day seminar EXPRO 102 designed for enhancing the exporting skills of Pakistani Engineering Sector Exporters and also the capacity building of Pakistani Business Support Organisations who are stakeholders in the drive to enhance Pakistani Exports.
Registration of Auto vendors with EDB Up to 2003-2004, when deletion programs were active in Pakistan, there was a compulsory process that all the parts manufacturers had to register themselves with the EDB. But from July 2004 to July 2014 (one decade) this practice was abolished. “It is a good idea that the Engineering Development
Federal government’s departments including the Federal Board of Revenue (FBR) need to change their attitude otherwise the situation pertaining to routine matters will remain the same. After June 2006, the industry continues to operate under tremendous pressure coupled with step motherly treatment of federal government departments and ministries. Till today, bureaucratic hurdles and officials’ lethargic
In June 2006, Dewan Mushtaq Group’s (DMG) sales were over $665 million. It was under a long term debt of $175 million on the books and posted a net profit of $5.8 million. A year later it announced its first net loss ever recorded. And a year later it was Pakistan’s largest bank defaulter.
It is a good sign that some new entrants are trying to enter the local auto market after taking over of PML-N government. These new entrants are in constant touch with the Engineering Development Board (EDB) discussing their investment proposals.