The Lahore Chamber of Commerce and Industry has slammed the closure of Engineering Development Board (EDB) and demanded of the government to restore this important entity in the larger interests of the industrial sector.
LCCI President Malik Tahir Javaid said the Lahore Chamber has been demanding its revival since long but the government decided against the will of the stakeholders. The business community is unable to understand that for whom the government has taken this decision, he said. The government has taken this decision without taking the stakeholders on board, he added.
The Engineering Development Board is playing a fundamental role in promotion of engineering sector and its closure would worsen the things. It was established to oversee multiple areas related to the engineering sector. An important area where the EDB has contributed the most is the automobile sector.