LCCI in­vites DEPO to hold ex­hi­bi­tion

The Pak Banker - - NATIONAL -

LA­HORE:

The La­hore Cham­ber of Com­merce & In­dus­try has in­vited De­fence Ex­port Pro­mo­tion Or­ga­ni­za­tion (DEPO) to or­ga­nize an ex­hi­bi­tion in La­hore on the pa­tron of IDEAS which would help high­light the po­ten­tial of Pak­istan’s de­fence pro­duc­tion in­dus­try.

The idea was given at a meet­ing be­tween Di­rec­tor Gen­eral De­fence Ex­port Pro­mo­tion Or­ga­ni­za­tion (DEPO) Maj. Gen­eral Agha Ma­sood Akram, LCCI Se­nior Vice Pres­i­dent Al­mas Hy­der and Vice Pres­i­dent Nasir Saeed here at the La­hore Cham­ber of Com­merce & In­dus­try on Mon­day. LCCI Ex­ec­u­tive Com­mit­tee Mem­bers were also present on the oc­ca­sion. Maj. Gen­eral Agha Ma­sood Akram said that de­fence pro­duc­tion in­dus­try of Pak­istan has made mo­men­tous tech­no­log­i­cal and in­no­va­tive ad­vance­ment and a spe­cial fo­cus is be­ing given on the ex­port of de­fence prod­ucts.

Maj. Gen­eral Agha Ma­sood Akram said that Pak­istan has not only the abil­ity to ful­fill its do­mes­tic de­fence re­quire­ments but also cater needs of the world. He said that in­ter­na­tional com­mu­nity is sur­prised over the achieve­ments made by Pak­istan in the de­fence field. He in­formed the par­tic­i­pants that as a na­tional plat­form, DEPO is pro­vid­ing ac­tive sup­port to our de­fence man­u­fac­tur­ing/ser­vice sec­tor and the ex­port chain through fa­cil­i­ta­tion, co­or­di­na­tion and pro­mo­tion for sus­tain­able growth of de­fence ex­ports.

He said that DEPO is fa­cil­i­tat­ing and Pro­mot­ing ex­port of de­fence prod­ucts and co­or­di­nat­ing mar­ket­ing ef­forts with de­fence man­u­fac­tur­ing sec­tor by es­tab­lish­ing Pak­istani Pav­il­ion in In­ter­na­tional Ex­hi­bi­tions abroad, hold­ing of IDEAS in Pak­istan and us­ing its diplo­matic chan­nels

Di­rec­tor Gen­eral DEPO said that Pak­istan is try­ing to reach out to in­ter­na­tional de­fence prod­ucts mar­ket with a view to en­hance its ex­ports and achieve a rea­son­able de­gree of foothold in the in­ter­na­tional mar­ket. This goal is be­ing achieved by pro­vid­ing tech­no­log­i­cally com­pat­i­ble and cost ef­fec­tive so­lu­tions, thereby ex­pand­ing the base of its cus­tomers. He said that DEPO, in col­lab­o­ra­tion with Pak­istan’s de­fence pro­duc­tion sec­tor (both Pub­lic and Pri­vate), is com­mit­ted to pro­vide a pro­gres­sive re­sponse to on­go­ing de­vel­op­ments in the world and to ful­fill to­day’s tech­no­log­i­cal needs, with to­mor­row in mind.

Speak­ing on the oc­ca­sion, the LCCI Se­nior Vice Pres­i­dent Al­mas Hy­der said that close link­age be­tween De­fence Ex­port Pro­mo­tion Or­ga­ni­za­tion (DEPO) and cham­bers of com­merce will greatly help in en­gag­ing pri­vate sec­tor in de­fence pro­duc­tion.

He said that in Pak­istan, un­like other coun­tries, de­fence sec­tor is se­cre­tive. No in­for­ma­tion is avail­able on­line and even con­cerned depart­ment is not fully up­dated on cer­tain things. He said that In­dia hav­ing al­most sim­i­lar cir­cum­stances is ex­er­cis­ing open ap­proach in this con­nec­tion giv­ing vir­tu­ally full ac­cess to rel­e­vant in­for­ma­tion. For ref­er­ence, “Make in In­dia” web­site can be ac­cessed. Al­mas Hy­der said that it is high time, Pak­istan has to mod­ify its ap­proach and in­volve pri­vate sec­tor in de­fence pro­duc­tion. There are many items which are be­ing man­u­fac­tured in pub­lic sec­tor that should be handed over to pri­vate sec­tor.

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