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Pakistan:Expo Pak 2005 to cost Rs 150m

2004-12-31


Preparations are in full swing for the largest exhibition of the country namely - Expo Pakistan 2005, which is supposed to receive participation fees and sponsorships to the tune of Rs 90 million, according to the Export Promotion Bureau (EPB).

With the costs of staging the event anticipated at would be Rs150 million the EPB Chairman Tariq Ikram said the EPB will spend Rs60 million on the Expo 2005.

Almost 60 percent stalls bookings have been done so far and he said that previously the event was scheduled for October but due to some reasons it was rescheduled for February.

He differed on the subject of the Expo 2005 running concurrent with other major international exhibitions such as Heimtextil, Magic, Domotex, etc.

He informed that for the promotion of Expo Pakistan 2005, the EPB has held road shows in China, France, UK, Germany, etc. He disclosed that a number of executives and decision makers of major corporations of these countries have agreed to come to Pakistan during the Expo.

About 200 foreign delegates are expected to come to Pakistan out of which 25 to 30 visitors are expected from Japan, 20 from Germany, 40 from France and 35 from China, he added.

Answering a question he said that the arrangements for airlifting of stranded cargo of textile quota exporters have been finalised and the associations and exports would be informed about the arrangements in shortly.

He revealed that airlifting of cargo, which is estimated to be about 2,400 tonnes would be started from January 1 and would continue until January 20, 2005.
 
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