Founders Group of Lahore Chamber of Commerce and Industry demands government to appoint competent professional head to Engineering Development Board

Lahore, December 04, 2017 (PPI-OT):Founders Group of the Lahore Chamber of Commerce and Industry on Monday demanded of the government to appoint a competent professional head to the Engineering Development Board (EDB), instead of shutting it down as it will discourage the investors and air a bad message to abroad.

The demand was raised at an urgent meeting of Founders Group that was attended by the Founder’s leaders Syed Mohsin Raza Bukhari, Mian Muhammad Ashraf, Ijaz Butt, Iftikhar Ali Malik, Tariq Hameed, Sheikh Mohammad Asif, Mian Misbahur Rehman, Shahid Hassan Sheikh, Mian Muzaffar Ali, Farooq Iftikhar, Ijaz A Mumtaz, Abdul Basit, Khawaja Khawar Rasheed, Zeeshan Khalil members of the group.

They said that the closure of Engineering Development Board will hamper the growth engineering industry of the country. They said that this step will also reduce the ability of the government to regulate the industry due to the resulting lack of expertise, leading to shortage of investments especially the vending sector.

Founders Group leaders said that Engineering Development Board (EDB) was established to oversee multiple areas related to the engineering sector. An important area where EDB has contributed the most is the automobile sector. It oversees the implementation of the Auto Policy, based on predefined policy document guidelines.

They said that it supported the vendor industry by handling various Statutory Regulatory Orders by assuring local content enhancement and curtailment of rollback, based on the government’s policy guidelines. They said that to improve the circumstances, a professional CEO EDB should be appointed, based on capability to handle such an organization adding that the closure of an institution is not a solution to the problems.

For more information, contact:
Information Department
Lahore Chamber of Commerce and Industry (LCCI)
11-Shahrah-e-Aiwan-e-Tijarat,
Lahore -54000, Pakistan
Tel: +92-42-111-222-499
Fax: +92-42-36368854
Website: www.lcci.org.pk

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