ICCI delegation visits HMC to explore private sector collaboration

  • December 22, 2020
Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce and Industry (ICCI) leading over 30-member delegation visited Heavy Mechanical Complex (HMC) Taxila to explore collaboration of the private sector in HMC’s projects. Fatma Azim Senior Vice President, Abdul Rehman Khan Vice President ICCI, Muhammad Ejaz Abbasi, Ch. Naseer Ahmed, M. Shakeel Munir, Usman Khalid, M. Javed Iqbal, Mehboob Ahmed Khan, M. Aslam Khokhar, Tahir Abbasi, Mian Arif Hussain, M. Omais Khattak, Umar Hussain, Hafiz Bilal Munir, Muhammad Shakir, Khalid Chaudhry, Babar Chaudhry, Ch. Irfan and others were in the delegation.
Engr. Zaheer Shah, Managing Director, HMC warmly welcomed the ICCI delegation and thanked them for visiting HMC. Engr. Zahid Farooq Chaudhry Director Sales & Marketing and Brig. (Retd) Hamid Mahmood Director Admin & HR and other officers of HMC were also present at the occasion.
Engr. Zaheer Shah briefed the ICCI delegation about the HMC’s manufacturing capabilities. He said that HMC was manufacturing many high value products including sugar and cement plants, oil & gas processing plants, hydropower plants, turbines, high pressure boilers, cranes, overhead pedestrian bridges, steel structures and railways equipment and it was now looking for JVs and partnerships with the private sector to harness the potential of local industry for promoting indigenous production. He said that ICCI members have good potential to partner with HMC to produce high value products in order to meet the local needs and promote exports. The ICCI delegation was taken to various manufacturing facilities of HMC including design centre, steel foundry, hydraulic press shop, heat treatment facilities, cast iron & non-ferrous foundry, forge shop, machining facilities, auxiliary and fabrication facilities.
Speaking at the occasion, Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce & Industry appreciated the contribution of HMC towards industrial development by manufacturing industrial plants, equipment and other quality products. He thanked Engr. Zaheer Shah MD, HMC and his team for showing various manufacturing facilities to ICCI delegation and hoped that their visit would pave way for some good business partnerships of private sector with HMC. He said that modern production facilities of HMC and business acumen of the private sector could become a good combination to produce value added products and accelerate the pace of industrialization in the region.
Sardar Yasir Ilyas Khan said that HMC was on the road to modernization and diversification by adopting the latest technologies and collaboration of the private sector with it would promote indigenous production and import substitutions. He said that CPEC has provided a good opportunity to turn around the industrial development in Pakistan and close collaboration between HMC and the private sector would contribute towards indigenization and spur the growth of industrialization in the region. Fatma Azim Senior Vice President, Abdul Rehman Khan Vice President and other members of delegation also spoke at the occasion and discussed options for close collaboration between the private sector and HMC.