EDB invites proposals to boost manufacturing competitiveness for 2025-26

By Nasir Mahmood 

The Engineering Development Board (EDB) has invited the local industry to submit proposals for the Competitiveness & Efficiency Improvement Exercise 2025-26. This is a crucial step towards enhancing competitiveness and rationalizing the cost of doing business in the local manufacturing industry.

In this regard the Ministry of Industries and Production (MoIP)/ EDB is to kick off an online (zoom meeting) consultation process with the industry with the objective to inter-alia discussion on Tuesday 28 January 2025 under “Budget & Competitiveness” heading to receive proposals from various industries along with justification.  

Additional Secretary (MoIP) or CEO-EDB shall chair the meeting to discuss proposals with the industry to ensure the formulation of meaningful proposals in accordance with Government’s vision “Uraan Pakistan”, for the forthcoming budget. 

According to informed sources the Meeting objectives are; to identify areas for improvement and propose solutions to enhance the competitiveness of the local manufacturing industry. This includes the Customs duties, sales tax, and regulatory duties that affect the industry. Identify anomalies and challenges faced by the industry and propose solutions. Simplify customs procedures (SROs) to facilitate trade. Export Challenges faced by exporters and propose solutions. Proposals and grievances that may enhance competitiveness and efficiency of the industry in the country sources disclosed.