Enhance Employment Opportunities in Country
ISLAMABAD: Minister for Industries and Production Syed Murtaza Mahmud on Thursday said that the government has taken concrete steps to promote ‘Made-in-Pakistan’ concept.
In a written reply to the National Assembly, he said that a series of steps have been taken by the government to establish new industries, promote the Made in Pakistan concept and enhance employment opportunities in the country.
He said that under Mobile Device Manufacturing Policy, thirty mobile manufacturers have been issued licenses to start local manufacturing of mobile devices by setting up local facilities. It will increase employment opportunities in the country also.
Incentives in terms of taxes and duties
The minister added that Green Field Technology is another initiative for both import substitution and export enhancement. Under this scheme, different incentives in terms of taxes and duties are given to the companies by FBR who bring new technologies.
He said the Engineering Development Board is in process of formulating a number of policies to promote local production and export. These include Solar Panel Manufacturing Policy and the Agricultural Implements Manufacturing Policy.
