Opportunities for PAAPAM Members in Global Aerospace Market

Riding on the success of the Defence Products Exhibition, IDEAS 2016, Chairman Pakistan Aerospace Co
mplex, Air Marshal  Arshad Malik, hosted a lunch for Pakistani Engineering Sector in which a large number of PAAPAM members were invited. The event was organised to commemorate the launch of Pakistan Aerospace Council as a platform for networking between Pakistani hightech sector and its clients in Pakistan as well as the global market place.
Speaking on the event, Air Marshal Arshad Malik gave an overview of the excellent order book and work load of PAC Kamra and its ability to localise aircraft assemblies required in military and trainer planes produced at Kamra. He said Kamra valued specialist companies from the automotive sector who could take a step further into aerospace component manufacturing.

Introducing the Pakistan Aerospace Council, Mr. Imtiaz Rastgar, Member PAC Board, stressed on the need for Cluster formation in the aerospace and hightech sector and how this could lead to meeting local needs for hightech while the global market offers immense possibilities for similar parts. He mentioned that there are over 2,000 aeronautics, defence and space related companies in Europe, employing 750,000 people with turnover of 190 Billion Euros. These companies import large quantities of parts and Pakistani high tech sector companies mentored through the CBI Export Coaching Program are already making respectable exports to Europe.

Mr. Rastgar also stressed that every OEM, whether in private or defense sector is successful only on the basis of the health of its supply chain and for this it is important to nurture high tech clusters around the OEMs together with the local universities. He invited all hightec companies to become members of PaeC, www.pakaero.com.pk.

Speaking on the occasion, Mr. Mashood Ali Khan, Chairman PAAPAM, said that several of their member companies are mature to work for the aerospace sector and expected to play their role in aircraft manufacturing and maintenance. He thanked he Chairman PAC Kamra for such a welcome to the Pakistani engineering sector and said that PAAPAM would reciprocate by visiting Kamra for a detailed meeting and understanding of their needs.

Also present at the lunch was Qazi Sajid Ali, Chairman, German Pakistan Chamber of Commerce & Industry. Qazi Sajid said GPCCI platform was important for Pakistani hightech and they would welcome collaboration as well as display of Kamra products at the forthcoming German Auto & Engineering Show, 26-28 January 2017, at Expo KARACHI.