INP-WealthPk

SAPM hails NPO’s role in industry, services sectors

November 21, 2022

Special Assistant to the Prime Minister (SAPM) on Industries and Production Tasneem Ahmed Qureshi has recognised the critical role of the National Productivity Organization (NPO) in improving competitiveness and productivity in the industry and service sectors. “Without improving competitiveness, it would be hard to compete both locally and globally. There is a need to focus on the reasons causing Pakistan to run low on productivity," he said during his visit to the NPO Head Office.

Tasneem emphasized the need for improving productivity and competitiveness to remain competitive both in local and global markets and assured that the ministry would support the NPO in its efforts to enhance productivity. Earlier, Chief Executive Officer of the NPO Muhammad Alamgir Chaudhry briefed the SAPM on the mandate, services and different projects of the NPO Pakistan & APO Japan.

He said the APO and NPO are closely working together to improve productivity. ‘’The APO is playing a major role in promoting the productivity drive in the region and its services are reorienting the current era’s requirements of competitiveness both in the domestic and global markets. It is also supporting the export sectors in enhancing competitiveness and yielding higher productivity in the country,’’ Alamgir added.

He explained that the rise in the production costs is a serious issue due to which the Pakistani products could not find their place in the global markets. He said Singapore, South Korea, Japan, China and Malaysia are a few examples who have transformed their economies based on improved competitiveness (basically improved productivity) and innovative strategies. Among the other key success facts, the top leadership’s commitment and massive campaign are the basic requirements for bringing a higher productivity culture, he added.

Alamgir informed the SAPM about the NPO’s upcoming Mega Project of National Productivity Master Plan (NPMP) being developed by the Korean Development Institute (KDI). ‘’Under the able leadership of the NPO Board, the NPO Pakistan has generated record revenue in its history. The company has turned around from loss bearing to a surplus company in three years,’’ he said.

Credit : Independent News Pakistan-WealthPk