Former president of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and past Chairman ECMMA Iftikhar Ali Malik hailed the appointment of the sitting chairman of ECMMA Imtiaz Ali Rastgar as chief executive officer (CEO) of Engineering Development Board (EDB). In a statement issued here on Thursday, Malik said Imtiaz Rastgar was an experienced industrialist who would be in a position to resolve the problems being faced by the industry, particularly, in respect of deletion programme, import of raw material and difficulties arising from various departments associated with the industry.
With the advent of WTO regime, he said the local industry could only remain competitive if it was given less expensive energy and other cost saving incentives. He hoped Rastgar would utilise the Export Market Development Fund to encourage export of branded products from Pakistan.