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NA committee on industries to oppose closure of EDB

byCT Report
08/07/2017
in Business
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ISLAMABAD: National Assembly Standing Committee on Industries will oppose the decision of abolishing Engineering Development Board (EDB).

“Closing down any department on the charges of corruption is not a solution, you should eliminate corruption instead of eliminating an important department,” source said.

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The committee secretary asked the Ministry of Industries secretary to attend the meeting in person along with all officials concerned who can apprise the committee regarding the shutdown decision. “We believe the EDB should not be shut down at any cost,” source said.

MNA Asad Umer, a former corporate executive and PTI stalwart, presided over the committee. It has twenty members including the industries and production minister. EDB, an affiliate department of Ministry of Industries, was established in 1995, with an aim to strengthen engineering sector, promote exports, increase technical training and enable import substitution.

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