ISLAMABAD: The Small and Medium Enterprises Development Authority (Smeda), in collaboration with the Japan International Cooperation Agency (JICA) and with consultants local engineers like Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) is going to launch a programme to support the local auto parts manufacturing industry of the country by end of this month.
According to Engineering Development Board (EDB), JICA held a series of discussions with SMEDA and relevant organizations to develop a detailed plan of the Project.
Both parties agreed that SMEDA, would be responsible for the implementation of the Project in cooperation with JICA, coordinate with other relevant organizations and ensure that the self-reliant operation of the Project is sustained during and after the implementation period in order to contribute toward social and economic development of Pakistan.
The Project, the EDB sources said has been extended for 4 years from this June and qualified and experienced JICA Experts would stay in Lahore and Karachi to transfer the Japanese techniques for improvement of quality and productivity.
Japan has an advantage in this field and this project would contribute to increase the local procurement ratio of auto parts by Original Equipment Manufacturer (OEM).
