Engineering goods exports can reach $1 billion

Karachi: Pakistan’s exports of engineering goods including surgical instruments, cutlery and electric fans can cross $ 1 billion with the introduction of standardization and certification.

This was stated by the chief executive officer (CEO) of Engineering Development Board (EDB) Eitezaz Niazi while talking to media persons at the inauguration of 9th International Exhibition for Energy Industry, POGEE-2011 and 7th International Fire & Security Exhibition and Conference at Expo Centre here Tuesday.

He said that presently, the exports value of these three products was $ 790 million or 4 percent of country’s total export during last year, of which surgical items secured a major share of 32 percent.

He said that Pakistani engineering products are sold for a very low price and the buyers earn huge profit after some value addition. For example, he said that a surgical instrument which is purchased for $ 8 from Pakistan is sold at $ 80 after some values addition in European countries.

To a question, he said that EDB was focusing on three items in engineering sector and they are surgical items, cutlery and electric fans. “We are helping surgical sector to get international certification and introduction of standards. Similarly, we are pursuing this sector to hire qualified engineers for production controls and processes so that they can get good prices for their products, he stated.

He said the finishing of engineering products is not good. Similarly, fan manufacturers do not use quality coils and blades to make energy efficient fans for export purposes. He said EDB will also extend support for the local manufacturing of solar panels and small wind turbines and blades.

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