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PRESS RELEASES

 

HMC ACHIEVES A SALES TURN OVER OF RS 1.914 BILLION DURING  2009

Islamabad: 11-03-2010.

      Heavy Mechanical Complex (HMC) Taxila, a public sector organization under the Ministry of Industries and Production Islamabad, has  achieved a sales turn over of Rs.1.914 billion during 2009, on account of its excellent performance, which is the highest in the last 15 years.

 

      HMC executed the order for design, manufacture, installation & commissioning of penstock (4 meter dia. & 800 meter length) for Malakand-III, 81 MW Hydropower station. HMC has been issued Successful Commissioning Certificate after completion of one years defect free operation. This is the first ever penstock completely designed, manufactured and installed by a local company for hydropower plant. HMC had secured the orders through competitions by participating in international biddings.

 

      HMC has got a development order for low head turbine vanes on canal from WAPDA for their Nandipur Hydropower plant. These used to be imported by the user up till now. This will ensure local production of low head turbines for Hydropower plants on canals as well as saving of millions of $ US dollars of foreign exchange reserves. Moreover HMC has got orders for design, manufacture and installation of penstocks for three Hydropower plants in AJK.          HMC has prepared plans and working on undertaking medium sized Hydropower projects on turn-key basis.

 

      HMC after discussing on various fora is in the process of preparing a proposal for establishment of a national level design institute at HMC, for energy sector plants design & engineering locally. This project, on becoming operational, shall be able to have capabilities for design of Hydro & Thermal power plants and oil & gas process plants, reducing foreign dependence.

 

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IQBAL AHMED DESIGNATED AS SPOKESMAN OF THE MINISTRY OF INDUSTRIES AND PRODUCTION.

 

        Iqbal Ahmed, Additional Secretary-1(BS-21) has been designated as spokesman of the Ministry of Industries and Production, says a notification issued by the Ministry here today. His contact numbers are as under:-

 

        PH (Office)         : 051-9211365

        Mobile               : 0300-8891019

        Residence          : 051-2271520

        Office Fax No      : 051-9208293, 051-9205130,

        E-mail                : iqbalahmadraja@hotmail.com   

        It is pertinent to mention here that Iqbal Ahmed belongs to DMG group. He has served most part of his service in Sindh and Punjab provinces on key posts very successfully. He has served as Deputy Commissioner in Districts Badin, Sukkur and Hyderabad in Sindh and Commissioner Faisalabad in Punjab. He remained Provincial Secretary Cooperatives, Forest, Labour & Human Resource and Population Planning Lahore in Punjab. Moreover he had been Chairman Pakistan Text Book Board Lahore. At Centre, Iqbal Ahmed has also served as Executive Director General, Board of Investment (BOI), and Additional Secretary, Population Planning, Islamabad. He assumed charged of the post of Additional Secretary-1 in this Ministry on 21-12-2009.   

 

This supersedes this Ministry’s Notification of dated: 24-02-2010.

 

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NATIONAL FERTILIZER STRATEGY 2010-2025 AFTER CONSENSUS OF ALL STAKEHOLDERS……BIJARANI

 

 Federal Minister for Industries and Production Mir Hazar Khan Bijarani chaired a meeting here today on “National Fertilizer Strategy 2010-2025(NFS2025)”. The Ministry of Industries and Production commissioned Arthur D Little (Brussels) to prepare National Fertilizer Strategy (NFS) 2010-2025.

 

The main objective of the NFS is to analyze how Pakistan can best close the rising gap between fertilizer demand and local production, over the next 20 year period. Arthur D Little prepared NFS in close cooperation with the Ministry of Industries and Production (MOIP), National Fertilizer Corporation (NFC) and Pakistan Industrial Development Corporation (PIDC). In a detailed briefing given by Arthur D Little to Minister and other participants, he told that Natural Gas (NG) is a limited resource in Pakistan and the World, as the NG reserves are depleting very fast throughout the world. Therefore prices are estimated to rise constantly in the next years. Fertilizers have a share of 16% of the total consumption of Natural Gas in Pakistan. If all the present Fertilizers Companies, including Fatima and Engro, give production in full capacity then these can hardly be sufficient to cater to the demand of Urea until 2017, he told.

 

After initial assessment of the options for the different industries that consume Natural Gas in Pakistan, he recommended that all industries which can use alternative feedstock can reduce their consumption of Natural Gas. For the power sector which consumes 1/3rd of Natural Gas, alternatives like nuclear, solar, hydro and coal based power generation technologies should be considered. Because all these feed stocks are locally available. And the same can be applied for key areas of the General Industries sector which is the second biggest consumer with 24% share.           The Minister welcomed the suggestions given by the representatives of All Fertilizers’ companies and government stake holders which were very useful and productive. All including the Minister, appreciated the briefing of Arthur D Little. Arthur D Little noted down all useful suggestions. Minister directed the Arthur D Little for addition of these suggestions in the final document. National Fertilizer Strategy 2010-2025 would be finalized after a consensus of all public and private stake holders and then approval by the ECC, Minister added.

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MALIK ASRAR HUSSAIN NEW CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR OF PAKISTAN STEEL MILLS CORPORATION

 

Islamabad: 01-03-2010.

 

Malik Asrar Hussain, a BS-21 officer of District Management Group, presently posted under the government of Sindh, is transferred and posted as Chief Executive Officer, Pakistan Steel Mills Corporation under Ministry of Industries and Production with immediate effect and until further orders, says a notification no. PF. (317)/E-5(DMG) dated: 01-03-2010 issued by the Cabinet Secretariat, Establishment Division Islamabad here today.

       

Another notification issued later by the Cabinet Secretariat, Establishment Division with same number and date says that Malik Asrar Hussain will also exercise the powers of Managing Director, Pakistan Steel Mills Corporation, with immediate effect and until further orders.

 

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MOIP RECONSTITUTES BOARD OF DIRECTORS OF PSM

 

Islamabad: 01-03-2010.

       

With the approval of the Competent Authority, Ministry of Industries and Production has reconstituted the Board of Directors of Pakistan Steel Mills Corporation. According to notification no.11 (11)/01-PR-111-Steel, of the Ministry dated:01-03-2010, the new Board of Directors of PSM comprises Additional Secretary-11, Ministry of Industries and Production Islamabad as Director of the Board, Additional Secretary (Development/Expenditure. Admn), Finance Division Islamabad as Director, Chief Executive Officer (CEO), Engineering Development Board (EDB) as Director, Member (Customs) Federal Board of Revenue (FBR) Islamabad as Director, Chief Executive Officer(CEO), Pakistan Steel Karachi as Director, Chairman State Engineering Corporation(SEC) Islamabad as Director, Mr. Senator Gul Muhammad Lot, Chief Executive, Mehran Spices Industries Ltd, Karachi as Director, Mr. Fazalullah Qureshi, Ex-Secretary, Planning and Development Division Islamabad as Director, Mr.Suhail P. Ahmad, Chief Executive Officer, Thal Engineering Ltd Karachi as Director, Haji Muhammad Javed, President, Employer’s Federation of Pakistan, Karachi as Director, Engr Daroo Khan, Vice President, CE Daroo Khan & Brothers Trading Co. Baluchistan, Quetta and Mian Misbah-ur-Rehman, Ex-President, Lahore Chamber of Commerce & Industry, Lahore, .

 

 

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PASDEC MOVING VERY FAST IN MAKING ALL ITS PROJECTS OPERATIONAL

Islamabad: 01-03-2010

 

Pakistan has enormous reserves of Marble and Granite. There are over 70 types of natural color Marble & Granite currently. According to an estimate of Pakistan Stone Development Company (PASDEC), 297 billion tons of Marble and Granite reserves are available in Pakistan. More than 1,225 Quarries and 2,000 Processing Units are operational in Pakistan.

 

A group of committed industry stakeholders agreed to form a Strategy Working Group (SWOG) to address how the industry can reposition itself through a better strategy. The SWOG has developed a strategy shared and agreed to by the private sector and the Government of Pakistan. The SWOG itself has become a recognized private sector led platform on which all the key players in the value chain, including the public sector have come together.

       

Based on the SWOG Strategy, Ministry of Industries and Production, Government of Pakistan, has Established Pakistan Stone Development Company (PASDEC) under the umbrella of Pakistan Industrial Development Corporation (PIDC). PASDEC has made a plan to establish 10 Model Quarries, 20 Quarry Up-gradation, 2 Machinery Pools, 4 Common Facility and Training Centers, 2 Warehouses and 7 Marble Cities throughout the country. Out of which 3 Model Quarries at Khuzdar  Chitral and Buner, 5 Quarry Up-gradation at Mastung-1, Mastung-2, Thatta, Buner and  FATA, 2 Rental Machinery at Mastung and Buner, One Warehouse at Gaddani, 2 Machinery Pools at Gaddani and Risalpur, have become operational so far during this government’s tenure. While one Warehouse at Risalpur and 2 Marble Cities at Risalpur and FATA are ready for inauguration.

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SEC GROUP OF COMPANIES EARNED PROFIT OF RS. 125 MILLION DURING 2008-09

 

Islamabad: February 23, 2010

 

State Engineering Corporation (SEC) is a subsidiary of Ministry of Industries and Production. State Engineering Corporation (SEC) group of companies' overall performance during 2008-09 has remained impressive. During fiscal year 2008-09, the sales of the companies increased by 22 % against the corresponding period last year. Total sales amounted to Rs. 3.4 billion during the year 2008-09 as compared to previous year’s sales of Rs. 2.8 billion. The Corporation units, on over all basis, have earned profit amounting to Rs. 125 million in the year 2008-09 although input cost increased due to rise in expenditure on material and energy charges besides adverse marketing condition at national and international level. The quantum of orders of SEC companies by end of December, 2009 stood at Rs. 2.7 billion, which shows customer confidence in SEC products.

 

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PASDEC optimistic to increase marble exports through sale of marble square blocks

 

ISLAMABAD: February 22, 2010

 

Pakistan Stone Development Company (PASDEC) has auctioned its regular and irregular stock of square block production extracted from Model Quarry, Nall (Khuzdar) and two Quarry Up-gradation projects of Mastung in Baluchistan.

PASDEC intend to sell all type of its raw marble production in open market. Local as well as foreign bidders participated and offered attractive prices for regular marble square blocks which is higher than irregular stone. The China based bidders showed their keen interest to import raw marble from Pakistan. PASDEC has accepted the higher price bids and sold out all the production of Mastung and Khuzdar Quarries.

Pakistan Stone Development Company (PASDEC) endeavors to reposition dimension stone industry on a sound footing to boost exports. PASDEC has introduced sustainable quarrying practices which have produced higher value square blocks by keeping the wastage of valuable natural stone at bare minimum.

The modern techniques of quarrying will also help reduce environmental degradation and will enable processing industry to finish value added products with high export potentials. PASDEC will establish 43 projects (marble and granite development) across the country. Among them ten projects are operational while others are under implementation.

PASDEC is quite hopeful that the increase in production and sale of marble square blocks the quantum of export will substantial boost up.

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COME WHAT MAY! ENSURE AVAILABILITY OF SUGAR AT STORES BY 1st    JANUARY…..MINISTER DIRECTS M.D. USC

Federal Minister for Industries & Production Mir Hazar Khan Bijarani visited the Headquarters of Utility Stores Corporation here Wednesday. Managing Director USC Muhammad Arif Khan and other senior officers briefed the minister about the  function of the corporation, facing issues & problems, ongoing plans & projects and future programmes of the corporation. During briefing M.D. M. Arif Khan told the Minister that USC earned Gross Profit in 2008 Rs.3, 294.43 millions while in 2007 the corporation had Gross Profit of Rs.1, 185.61 millions. We are trying our best to make the corporation more and more profit oriented. We see much scope for opening of more new stores in Karachi and Lahore, the M.D. added. About the non-availability of sugar at USC stores, the M.D. told the Minister that 30,000 metric tones of sugar has  been lifted from TCP today which would be available at all the stores within next few days.Federal Minister Mir Hazar Khan Bijarani while expressing his dissatisfaction over performance of USC regarding non-availability of sugar at stores, directed the M.D. to ensure the availability of sugar by 1st January on each and every store of the country. COME WHAT MAY! I don’t want to listen

any complaint of non-availability of sugar from any USC store after 1st January. Maintain a regular supply of sugar particularly and other daily use items as well. The Minister categorically directed the M.D. and other senior officers of the corporation that there would be no compromise and no excuse would be accepted on shortage of any item on stores after 1st January. How do you manage it? This is your responsibility. Purchase sugar on more affordable and economical price so that it could be sold out to public on cheaper price to the maximum, the Minister added. Mir Hazar Khan Bijharani also directed the M.D. USC to ensure a strong vigilance network so that the staff could not sell stocks of store items in the market particularly in rural areas. If anyone found and caught, will not be spared. I and my Ministry would extend every kind of support and help in solving the problems of USC and removing every kind of impediments, the Minister added.

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PUBLIC SECTOR ENGINEERING UNITS MUST BE PROFITABLE

     ……….Mir Hazar Khan Bijarani

Islamabad: February 02, 2010

Federal Minister for Industries & Production, Mir Hazar Khan Bijarani, on Tuesday, during performance review meeting, lauded the efforts of State Engineering Corporation (SEC) for playing a key role in industrial development of the country. The Minister assured to support SEC in order to transform its industrial units, especially Pakistan Machine Tool Factory, Karachi into viable entities. Mr. Bijarani is the first ever Federal Minister to visit SEC Corporate Office.

On arrival at SEC office, he was received by Chairman SEC. All the Managing Directors of the units and senior officers of SEC were also present. The Minister was accompanied by Secretary I&P, Mr. Abdul Ghaffar Soomro and Additional Secretary I&P, Muhammad Javed Malik. Giving presentation, Chairman SEC apprised the Minister that once SEC Group comprised of 12 industrial units but now it operates four units namely Heavy Electrical Complex (HEC), Hattar, Pakistan Engineering Company (PECO), Lahore, Pakistan Machine Tool Factory (PMTF) & ENAR Petrotech Services, Karachi, whereas the rest were either privatized or transferred. The Minister was also apprised of the variety of engineering goods being produced by the units, valuable technical expertise imparted to a number of technicians, development of various products on reverse engineering basis, their contributions in developing vendor industry, remarkable references in the export market and assistance provided to oil and gas sector in designing and engineering for more than 3 decades.

Chairman also pointed out serious impediments faced by the companies’ particularly financial crisis affecting PMTF, non-compliance of commitment of WAPDA with regard to placing orders on HEC, disinvestment of PECO shares by NIT dis-balancing government holding and settlement of government loans extended to PECO for its revival. He was also informed about the privatization status of PMTF and HEC and consequences in case these high value units of national strategic importance are privatized. To turnaround the companies, Chairman also identified specific measures as financial restructuring and manpower rationalization of PMTF, Balancing, Modernization, Rehabilitation & Expansion (BMRE) of HEC and PMTF, besides empowerment of Board of Directors for effective business operations.

The Minister while applauding SEC performance and achievements informed that his priorities are to drive the engineering units in public sector on the right track and produce high value goods presently being imported at very high cost. He emphasized for collective efforts to promote sound industrial base through manufacturing of capital goods at reasonable prices conforming to international quality standards besides generating employment in the country. The Minister expressed his keenness to turnaround the companies and assured his full support for resolving the issues requiring financial restructuring, capability enhancement, empowerment of board and other specific issues. He directed the Chairman to submit formal proposals on each issue so as to take-up at appropriate fora. We have to make these units viable and commercially profitable at every cost so that there is minimum rely on Govt. funding, the Minister urged the SEC Chairman.

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State Engineering Corporation (SEC) group of companies' overall performance during 2008-09 has remained impressive. During fiscal year 2008-09, the sales of the companies increased by 22 % against the corresponding period last year Pakistan Stone Development Company (PASDEC) has auctioned its regular and irregular stock of square block production extracted from Model Quarry, Nall (Khuzdar) and two Quarry Up-gradation projects of Mastung in Baluchistan. Federal Minister for Industries & Production Mir Hazar Khan Bijarani visited the Headquarters of Utility Stores Corporation here Wednesday. Managing Director USC Muhammad Arif Khan and other senior officers briefed the minister about the function of the corporation Federal Minister for Industries & Production, Mir Hazar Khan Bijarani, on Tuesday, during performance review meeting, lauded the efforts of State Engineering Corporation (SEC) for playing a key role in industrial development of the country.

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