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Mobile, auto exports seen fetching billions of dollars
August 3, 2021
ISLAMABAD: The upcoming mobile phone manufacturing plants and expansion in the auto sector could fetch Pakistan billions of dollars in exports over the medium term.
It was stated by Chairman Board of Management of Engineering Development Board (EDB) and businessman Almas Hyder during a meeting with Prime Minister Imran Khan on Monday. The meeting was held to discuss ways to diversify exports.
“Engineering goods trade is the largest export sector in the world. It is 54 percent of the global trade which is equivalent to nearly $9 trillion,” Hyder said. “Pakistan is now in the phase of transforming. Engineering sector includes everything from steel bars to automobiles and from medical devices and surgical instruments to mobile phones.” ....

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