Pakistan economy yet to come out of hot waters

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KARACHI: Engr Daroo Khan Achakzai, President Federation of Chambers of Commerce & Industries (FPCCI), inaugurating Platic and Pack, IFTECH 2019 exhibition here at Expo Centre, Tuesday. Aamer Khanzada Managing Director Pegasus Consultancy (organiser of the event) and other international exhibitors from China and European countries are also seen in the picture.

KARACHI: Pakistan’s economy is facing hard time and yet to come out of hot waters and in such a situation public and private sectors have to strive hard to bring it out from hot-waters, this was stated by the President Federation of Chambers and Commerce and Industry (FPCCI), Engr. Daroo Khan Achakzai. Speaking as Chief Guest at the 17th International exhibition of plastics, printing, Plasti & Pack and 16th International exhibition of Food & Beverage processing and packaging, IFTECH Pakistan inaugurated on Tuesday here at Karachi Expo Centre, says a Press release.
Daroo Khan while appreciating the efforts of the organizers to hold mega events to promote industrial and export-oriented is the need of the hour as such events are vital and extremely helpful to bring new technology and upgrade the export-oriented units so that they could be able to compete outer world and maintain their export market abroad. He said that a number of significant countries are participating in this show and he believes that such events would be a big help to rescue our economy from the red.
The Managing Director of Pegasus Consultancy, the event organizers, Aamer Khanzada said on the occasion that Plasti and Pack and IFTECH is the regular feature of the organizers and despite all odds and slowing down economy, the mega event is being held with more enthusiastic and greater spirit in order to extend the local industries to compete in the international markets.
He said that in order to extend information and introduce latest technology, seminars on the subjects are also being organized side by side wherein technology and trade experts would apprise the latest trends in this sector and suggest the local manufacturers to how to get more value of their products in the international markets.
The chief guest later on inaugurated the show by cutting the ribbon in a graceful ceremony.
The leading international and local companies have set up their stalls by displaying latest machinery and equipment in the 3-day extravaganza as over 300 exhibitors from 35 countries are participating in the event.
The two concurrent shows are considered to be the biggest annual gathering of plastics packaging and food technology industry suppliers, experts, professionals and businesses associates.
This year, the events are showcasing latest machines and materials in injection and blow molding, extrusion and blown film, packaging, recycling, testing, measuring & inspection equipment, food processing, beverage processing & filling, bakery, confectionery manufacturing & packaging, vegetable & fruit processing, confectionery & commercial kitchen equipment, flavors and aromatics, waste & waste water management etc. Industry and brand owners are now fully aware and prepare to cater changing consumer demands of safety, hygiene & convenience, longer shelf life & appeal by competitive multiplicity of products & these B2B events are fully focused in providing variety of solutions to the industry. The notion is further endorsed by the largest country participation, from China. The B2B event is being attended by the exhibitors and experts from, China, England, France, Germany, Belarus, Greece, Cyprus, Indonesia, Iran, Italy, Japan, Malaysia, Netherlands, Palestine, Pakistan, Korea, Spain, Saudi Arabia, Singapore, Thailand, Turkey, Taiwan, .A.E, U.K and USA.
A high profile two days conference and forum on the second and third day of the exhibition is been planned on global food technology conference based on the theme, “Future Foodtech, Reshaping the Industry Outlook”, will be held on the second day, simultaneously on third day there will be an international annual packaging forum, based on the theme, “State of
Converting, Recycling & Sustainable Packaging”.
Prominent speakers from Italy, Middle East, Pakistan and UAE will be presenting their papers at the international conference and forum.
A unique feature of the exhibition is the participation of College of Tourism & Hotel Management, (COTHM), in collaboration with Chefs Association of Pakistan, which has organized a, “Skill Showcasing Activity”, by professional Chefs and COTHM students, during the three days of exhibition.