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PAKISTAN GOVT MAY EARN US$21 MLN FROM AUTO PART EXPORTS.
KARACHI, March 1 Asia Pulse - Pakistan's auto part exports will bring in US$21 million in 2000-01, as compared to $12 million it secured in 1999-2000, due to sizable orders coming from abroad.
"We expect to go beyond $21 million in 2000-01 as our members have acquired a number of orders from Europe and America," informed the Chairman, Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) Jawaid Sheikh.
As a result of rising demand of our parts abroad, "PAAPAM has informed the Commerce Minister Razzak Dawood about the targets fixed by the association from 2001-02 to 2004-05, ranging from $32 million to $110 million respectively," he said.
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Source: HighBeam Research, PAKISTAN GOVT MAY EARN US$21 MLN FROM AUTO PART EXPORTS.