Pakistan has a colossal auto-parts industry. According to some calculations it is the 4th largest in the world. However the industry is not export oriented, and quality remains an issue. In 1947, Pakistan did not have a steel mill, working university or even a single factory. Today it boasts a robust manufacturing sector. Close cooperation with Malaysia would help Pakistan improve its auto-parts industry and direct it towards exports to the Middle East, Asia and the West. According to press reports Malaysia is assisting Pakistan in auto industry development. “Pakistan is also in the dialogue with Malaysia for seeking technical know-how and collaboration in auto parts manufacturing with buy-back guarantee,” Pakistani Minister for Industries and Production Mir Hazar Khan Bijarani.
“This will also help Pakistan improve its balance of trade between Pakistan and Malaysia and promote indigenous palm oil plantation in the country,” Pakistani Minister for Industries and Production Mir Hazar Khan Bijarani. Pakistan imports more than a billion dollars of palm oil and palm oil products. Palm oil can be grown in Pakistan. Islamabad and Kuala Lumpur are cooperating to ensure that Pakistan gets a head-start in Palm Oil production and help its fledgling industry which has not captured a significant portion of the local market.
According to press reports, the Pakistani Minister for Industries and Production Mir Hazar Khan Bijarani is taking steps to improve Palm Oil production in the country. He was talking at the 2nd Malaysia-Pakistan Palm Oil Trade Fair and Seminar (POTS) 2011 Tuesday said plantation of palm oil plants have already started in district Thatta. He said Sindh areas were ideal for palm oil plantation and concerted efforts were being taken to establish extraction plants. Palm oil is grown over 100,000 million hectares producing 17.2 million tonnes of palm oil, of which 15 million tonnes is exported annually, he added. “Malaysia is working to double palm oil production by increasing productivity,” Minister of Plantation Industries and Commodities of Malaysia Bernard Dompok.
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