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Modern techniques introduced under public/private partnership plan

byCT Report
09/10/2017
in Business
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ISLAMABAD: Pakistan Industrial and Technical Assistance Centre (PITAC) has introduced modern techniques in order to improve productivity of industrial units in the country under a plan launched to enhance public and private partnership.

The PITAC, working under Ministry of Industries and Production, also provided organized and nationwide programme for training managerial and technical personnel.

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Specifying the steps taken by government to enhance public and private partnership, official sources on Monday said six companies have been established in collaboration with private sector and are working on public private partnership basis to provide trainings, technical know-how and facilitate private sector in relevant fields.

Out of these, four companies are registered under section 32 of Companies Ordinance, 1984 on Public-Private Partnership basis and Joint Venture Agreement made between the government and private investor partners including Khadi Crafts Development Company, Multan, Leather Crafts Development Company, Multan, Spun Yarn Research and Development Company, Multan and Southern Punjab Embroidery Industries, Multan.

The sources said the other two Companies namely Aik Hunar Aik Nagar (AHAN), Lahore and Agro Food Processing (AFP), Multan are public sector companies registered under section 42 of the Companies Ordinance, 1984 with a mandate to facilitate and collaborate with private sector.

Different Memorandum of Understanding (MoUs) and agreements have been signed by Pakistan Institute of Management (PIM) with many private sector individuals and companies to offer better service to public.

Moreover, the sources said in order to enhance public/private partnership in public service structure, six of Board members of Small and Medium Enterprises Development Authority (SMEDA) have been taken from public sector as ex-officio members. Technology Up-gradation and Skill Development Company (TUSDEC), a wholly owned subsidiary of Pakistan Industrial Development Corporation (PIDC), has also been established to implement projects on basis of Public-Private Partnership at various locations in the country.

The projects include Peshawar Light Engineering Centre (PLEC), Light Engineering Upgradation Centre for SMEs in Balochistan (LEUC) and supporting TVET Sector in Pakistan (Khyber Pakhtunkhwa (KPK) & Federally Administered Tribal Areas (FATA) and successfully trained 12000 men and women under this initiative where more than 150 private sector institutes were engaged for trainings. Similarly, the sources said for the purpose of enhancing public and private partnership in public service structure, Gujranwala Tools, Dies and Moulds Centre (GTDMC) has also been established to promote policy making and improvement of business operation.

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