BR100 Decreased By (-0.25%)
BR30 Decreased By (-0.64%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.83 Decreased By ▼ -0.20 (-3.32%)
BML 57.90 Increased By ▲ 5.15 (9.76%)
BOP 33.79 Decreased By ▼ -0.46 (-1.34%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.79 Decreased By ▼ -0.55 (-4.46%)
FCCL 53.49 Decreased By ▼ -0.40 (-0.74%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.84 Decreased By ▼ -0.19 (-1.05%)
FNEL 1.30 No Change ▼ 0.00 (0%)
HUMNL 11.11 Increased By ▲ 0.11 (1%)
KEL 8.02 Decreased By ▼ -0.09 (-1.11%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.40 Decreased By ▼ -0.65 (-0.74%)
NBP 184.24 Decreased By ▼ -2.24 (-1.2%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.25 Increased By ▲ 0.31 (0.78%)
PIAHCLA 26.12 Decreased By ▼ -0.05 (-0.19%)
PIBTL 17.14 Decreased By ▼ -0.18 (-1.04%)
PPL 228.73 Decreased By ▼ -4.05 (-1.74%)
PRL 34.49 Decreased By ▼ -0.46 (-1.32%)
PTC 67.54 Decreased By ▼ -0.02 (-0.03%)
SEARL 90.93 No Change ▼ 0.00 (0%)
SSGC 26.83 Decreased By ▼ -0.34 (-1.25%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.33 Increased By ▲ 0.57 (6.51%)
TREET 24.51 Decreased By ▼ -0.03 (-0.12%)
TRG 71.61 Decreased By ▼ -0.14 (-0.2%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
Pakistan

ICCI for promoting re-manufacturing industry

Published August 5, 2011 Updated August 5, 2011 11:33am

Scrap MetalISLAMABAD: Pakistan is producing huge quantities of scrap in different areas. The government should focus on promoting the re-manufacturing and recycling industry achieving better economic value from scrap as Pakistan produces huge quantities of the material different areas.

This was stated by Mahfooz Elahi, President, Islamabad Chamber of Commerce & Industry (ICCI) in a statement issued here Friday.

He said that government should also establish a network of scrap yards which could act as a source of input material for remanufacturing and recycling industry.

He stressed that government should support small and medium sized enterprises in developing remanufacturing and recycling plants. These plants could be set up in different areas including steel, auto, synthetic, plastic, paper & rubber sectors to develop value added products from scrap, he added. Mahfooz Elahi

was of the view that remanufacturing industry was also consuming less energy as compared to industrial units as only 5 percent energy was required to re-melt aluminum than to extract it from the ore.

He said that millions of computer accessories and electronic items join scrap dumps and pose a challenge for effective disposal.

However,promoting of remanufacturing & recycling industry could easily exploit its scrap to develop products of better value.

The ICCI President said that the remanufacturing and recycling industry could also provide a substantial boost to the manufacturing sector and the whole economy in terms of cuts in imports and unemployment and production of cheap products. It would be an effective way to meet the environmental challenges posed by the generation of scrap and waste.

Therefore, government should give due priority to the promotion of this industry, he stressed.

Copyright PPI (Pakistan Press International), 2011

 

Comments

Comments are closed for this article.