ISLAMABAD: Exports of surgical goods and medical instruments reached US $ 221 million during three quarters of this year as compared to US $ 186.7 million during same period last year.
Engineering Development Board (EDB), an apex government body entrusted with strengthening the engineering base of Pakistan, is planning to prepare a growth strategy with active participation of all stakeholders in order to touch the export target of US$ 500 million by 2015.
According to EDB here on Thursday, the engineering industry in Pakistan has enjoyed some success as a result of some really hard work. Its main objective is to maintain international standard in the field of engineering goods and services and has taken initiatives to boost production of surgical industry and electric fan industry. It said current capacity in surgical sector is under utilized.
The electric fan industry is mainly clustered in Gujrat and comprises of more than 2,000 small and medium enterprises.
The EDB said the industry is not only fulfilling local demand for domestic fans of various categories but is also earning handsome foreign exchange besides providing ample employment opportunities.
A number of measures have been taken during this year and are currently underway to facilitate the industry to produce domestic fans at par with internationally accepted standards.
The Fan Development Institute (FDI) is also being updated with the cooperation of the Pakistan Council for Science and Industrial Research (PCSIR).
In addition to projecting the engineering image of Pakistan, the EDB has initiated the compilation of the Engineering Goods and Services exporters Directory of Pakistan 2012.
The directory would have the complete profile of the Exporters and be circulated to Pakistan's Foreign Missions, Foreign Chambers of Commerce and the EDB's International support partners in the potential markets.
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