EDF approves export-oriented projects worth Rs 243-mn

Islamabd: The Export Development Fund (EDF) approved various projects worth Rs 243 million relating to promotion of exports in various sectors.

The meeting chaired by Chaudhry Ahmed Mukhtar, Federal Minister for Defense, Commerce and Textile Industry was attended by Senator Ilyas Ahmad Bilour, Secretaries Commerce and Textile Industry, Chief Executive, Trade Development Authority of Pakistan, Secretary TDAP.

Representatives of Ministries of Finance, Food and Agriculture, Industries and Production, State Bank of Pakistan, and Federation of Pakistan Chambers of Commerce and Industry, Presidents of Karachi Chamber of Commerce and Industry, and Sarhad Chamber of Commerce and Industry as well as Chairmen of prominent Trade Associations.

The EDF also approved construction of building of Pakistan Institute of Fashion and Design, at Johar Town, Lahore with cost of Rs 190 million and a budget of Horticulture Development and Export Board, Lahore for the year 2007-08 and 2008-09.