The 3rd meeting of CEO’s Committee was held on 15th August, 2022 at Ministry of Industries & Production, Islamabad, chaired by the Federal Minister for Industries & Production. Meeting was attended by Parliamentary Secretary for I&P, Secretary I&P, Chairman EDB, senior officials of I&P and CEOs.
Secretary I&P gave background and rationale behind constitution of CEO’s Committee and emphasized on its regular meetings to facilitate the working of I&P Division. CEO EDB gave an overview of the decisions of the 2nd CEO Committee meeting related to EPZA, productivity improvement initiatives for surgical and cutlery sectors, feasibility of revival of Pakistan Gems & Jewelry Company, import substitution through reverse engineering, Medical device industry and export enhancement of Potato starch and Mango pulp.
Federal Minister advised that alternate export destinations of surgical industry be explored and many Central Asian states are interested to import surgical instruments from Pakistan. He mentioned that there was a gap between our industry and Commercial Councilors posted abroad which needs to be bridged in order to facilitate Pakistani exporters’ access to these foreign markets. He appreciated the idea of a national expo on Surgical/Medical devices, however he advised to also identify potential countries for trade shows in collaboration with TDAP. Federal Minister also directed to involve all stakeholders including TDAP in the proposed workshop on medical devices industry.
Chairman EDB remarked that for import substitution areas Electrical power equipment, solar, agricultural implements and mobile phone manufacturing have huge potential. Local demand for electricity would be around 50,000 Mega Watts in the coming years. He requested support of the Minister for supporting PC-1 prepared for addressing equipment needs of Rawat Lab which has a critical role in the meeting the testing requirement of the industry.
The Federal Minister also desired proposals for reducing barriers to entry in different industrial sectors. He showed keen interest in localization of Agriculture Implements and Solar Panels and desired EDB separately present what has been done so far in this regard.
It was decided that the next CEO committee meeting would be on September 05, 2022 at Sialkot to specifically focus on issues of industry there. Concerned departments i.e. EDB, TUSDEC, NPO, SMEDA, and EPZA will attend. In addition provincial departments like Punjab Small Industrial Corporation, TEVTA, NAVTEC, and district administration officials may also be invited to attend.