LAHORE: President of the Lahore Chamber of Commerce and Industry Mian Tariq Misbah on Saturday said that Pakistan has the potential to export up to US one billion dollars wood furniture if the government supports furniture industry.
Speaking at the three-day “Furniture Living Expo”, LCCI President Mian Tariq Misbah said the export-oriented furniture industry and value-added sectors should be encouraged and facilitated. The exhibitions always play a pivotal role in promoting the products and exhibitions like furniture and living expo should be organized on regular basis.
He said Pakistan’s furniture exports are just $2.6 million while the global furniture trade is touching $90 billion, adding there is a huge potential for Pakistan to enhance its exports of furniture to USA, Germany, UK and France etc. which are top importers of furniture in the world.
He said that almost 50 top brands of furniture have participated in this expo. He also appreciated the exhibitors for participating in the expo and showcasing their finest and supreme furniture articles which can be purchased on 50 percent discount.
With some innovation in this sector, Pakistan can gain a competitive position in this sector at international level, he said.
“All we need is to modernize our furniture designs and market these articles at competitive price both at national and international levels,” he added.
Copyright Business Recorder, 2020