LAHORE: Three-day international exhibition on “engineering & machinery trade fair, food technology and Halal Food-2018” was held From 1st to 3rd September. Punjab Minister for Industries & Trade Mian Aslam Iqbal and Minister for Schools Education Murad Raas were present of the inauguration of the event.
As many as 150 delegates from 11 countries including China, UK, USA Germany, Italy, Switzerland, Iran and Singapore participated in the exhibition that was jointly organized by E-Commerce Gateway and Pakistan China Joint Chamber of Commerce and Industry at the Expo Center. The exhibitions showcased over 150 products at 350 stalls.
Murad Raas spoke on the occasion and expressed his government’s stance on providing one-stop solution to foreign investors under one roof. With the escalation of labor cost and other cost of doing business in China, this is the right time for Pakistani manufacturers to do joint ventures for acquiring state-of-the-art technology, financial and human capital and huge market orders from the nooks and corners of the globe, he said.
Talking to media, Mian Aslam Iqbal said the collaboration of Chinese companies with Pakistani companies would yield promising results. Technology transfer from China to Pakistan needed specialized technical institutions which would be the prime focus of the new government by training youth for employment generation. He said exports cannot be increased without facilitating investors, revamping the tax system and reducing the input cost. All necessary steps will be taken to provide facility to the local and foreign investors in this regard.
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