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Auto sector for consultation over new investment
2012-07-29 17:38:39

The auto sector of the country has requested the federal information minister to ensure consultation with the sector about new entrant policy before making any final recommendations to the ECC.
Director General Pakistan Automotive Manufacturers Association (PAMA) Abdul Waheed Khan and Chairman Pakistan Association of Automotive Parts Accessories Manufacturers (PAAPAM) Syed Nabeel Hashmi made this request in a letter to Federal Minister Ministry of Information & Broadcasting Qamar-uz- Zaman Kaira.
The Federal Minister for Information is heading a sub committee constituted by the Economic Coordination Committee of the Federal Cabinet to evaluate the proposal by Ministry of Commerce to allow new investment with additional incentives over the existing tariffs and regulations.
They said that unfortunately the voice of auto industry, which is the major stakeholder in this issue, has totally been ignored in government’s policy of extending tariff concessions to new entrants. “Both these organizations are the only officially recognized representatives of


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