Pakistan Association of Automotive Parts & Accessories Manufactures (PAAPAM) will take part in three international automobile exhibitions in Germany, United States and Italy this year to get export orders for their products, develop and expand engineering base in Pakistan as well as integrate it with the world markets.
Former PAAPAM Chairman, Malik Mohammad Aslam told Business Recorder here on Saturday that 22 PAAPAM members will take part in Auto Mechanika show in Frankfurt from 14 to 19 September 2010. 10 Pakistani engineering companies will exhibit their auto parts and other engineering products in AAPEX, Los Vegas, USA from 2 to 4 November. Pakistani manufacturers of auto parts, casting, forging parts and metal sheets will also participate in Eima Auto Show in Bolgna, Italy from 10 to 14 November this year.
Aslam said the automobile industry has suffered great financial losses due to unprecedented floods in the country. "Transport infrastructure has been destroyed and the manufactures had to pay exorbitant inland freight charges for transportation of their raw material and manufactured engineering goods", he said. He regretted that government has not implemented its decision to pay rebate to the manufacturers on inland freight charges of manufactured goods for export purposes. He added that PAAPAM members are assessing their losses during July-August due to super floods, which are still wreaking havoc in lower Sindh.
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