If someone visits Pakistan Bureau of Statistics, no detailed information is available about items being imported other general description such as agricultural products, engineering, food etc.
Pakistan needs a database or online tendering process for items being imported for each and every item.
There should be online tendering process since people who want to set up small business with minor investment do not know the local market requirement and clients, especially for Raw Materials and finished product which come under category of SMEZ.
This online database can help people to know the products, as well online tendering can stop over invoicing, with direct access to FBR and Pakistan can save a lot of foreign remittances.
People who want to start manufacturing business in Pakistan other than importing should be provided loans with minor interest to bring manufacturing set up in Pakistan.
Pakistani banks are only providing loans to extra rich investors whereas banks are not encouraging to medium level investors. We need to change our attitude.
Must online tendering will bring competition, fairness in buying process and will close a lot of loop holes.
Pakistan needs a database or online tendering process for items being imported for each and every item.
There should be online tendering process since people who want to set up small business with minor investment do not know the local market requirement and clients, especially for Raw Materials and finished product which come under category of SMEZ.
This online database can help people to know the products, as well online tendering can stop over invoicing, with direct access to FBR and Pakistan can save a lot of foreign remittances.
People who want to start manufacturing business in Pakistan other than importing should be provided loans with minor interest to bring manufacturing set up in Pakistan.
Pakistani banks are only providing loans to extra rich investors whereas banks are not encouraging to medium level investors. We need to change our attitude.
Must online tendering will bring competition, fairness in buying process and will close a lot of loop holes.