CHI - The sub-working group on Engineering Goods Industry will finalise the sector specific plan till the end of this month.
This was informed during first meeting of Sub-Working Group on Engineering Goods Industry for preparation of 10th Five Year Peoples Plan, which recently held with Engr MA Jabbar, Chairman of Sub-Working Group on Engineering Goods Industry in the chair.
The sub-working group has been assigned duty to formulate sector specific plan/implement able actions along with financial outlay keeping in view of agreed TORs, while the time frame for the completion of assignment is end January 2010.
According the record of the meeting available with The Nation, the Chairmen of sub-working group briefly described the objectives of the working group and underscored the need to prioritize the sub- sectors of the Engineering Goods Industry which should have positive contribution not only in the domestic but export markets as well. He emphasized the need for reorganization of Engineering Sector in view of likely conclusion of NAMA negotiations under Doha round within two years when the tariff barriers may not be available. The need to capitalize on all previous work done on Engineering Sector in different government forums was also stressed upon.
During meeting, it was also emphasised that the consolidation of activities of government departments should complement each other efforts.
It was informed that EDB has already initiated a development of a long term National Engineering Exports Development Strategy (NEEDS) under which a High-level Working Group has been constituted and also formulated 21 Focused Functional Groups (FFGs) which will undertake work in their respective sub-sectors.
The plan will be consolidated based on FFGs reports. At present questioner developed for obtaining information from different sub-sectors has been received which can also be utilized in formulating recommendations for 10th Five Year Peoples Plan.
However, the indigenisation ensures sustainable growth of the Engineering industry and development of design institutes in every sector is considered essential and services of Pakistani living abroad can be utilized.
The future requirement of energy in the country should be considered with a view to build capabilities for local manufacturing of equipment required for future energy generation, meeting said.
Development engineering design capabilities through all means by established Technology Development Centres in different parts of the country as this is a vital component for progress in Design and Development of Engineering products.
Furthermore, the meeting also noted that the use of indigenous products by the public sector entities was a pre-requisite for the capacity utilisation in the engineering sector and conditions of tied loan was considered as a major impediment to achieve this objective.
However, it was also informed the meeting that the prioritisation of the products of the basis of level of production already achieved in the country, where desired levels of numbers have already been achieved to a level where components manufacturing has become feasible.