Pakistan to likely fetch above $200m orders in leather show

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Economic Updates - Pak Major Financial News

Pakistan is all set to fetch more than $200 million orders of leather and leather garments products from Asian Pacific Leather Fair (APLF) Hong Kong. The member units of Pakistan Tanners Association (PTA) and Pakistan Leather Garments Manufacturer and Exporters Association (PLGMEA) together are participating in the APLF started from March 25, 2013.
This year more than 75 companies are participating in an international event, which is largest ever participation of exhibitors in the history. The leather sector is the second highest member of Pakistanís $1 billion export pool after textile sector.

Agha Saiddain Chairman PTA who is leading more than 200 trade-related people from all over Pakistan from Hong Kong said this was the biggest show in an international level to overcome stagnation in the growth of the sector for the last five years.
Agha expressed with the assistance of Trade Development Authority of Pakistan (TDAP) we are expecting to fetch orders of leather and leather garments worth more than $200 million.
He appreciated efforts of Dr Ahmad Balal Consular General of Pakistan in Hong Kong for facilitating such mega participation by arranging visa for all exhibitors and by assisting in completion of other arrangements.

He said government has formed Leather Export Promotion Council (LEPC) and leather sector was inclined to take full benefit from the vision of Abid Javed Akbar Chairman TDAP.
He appreciated initiative taken by TDAP by removing condition of three years, 50 percent subsidy on participation in international exhibitions and taking decision to start Pakistan Mega Leather Show in Lahore Expo Centre.† Agha said the Director General Trade Policies Dr Safdar Sohail was very keen to form LEPC as early as possible.
He hoped with the joint move of government and leather sector we could overcome inertia of last half decade provided Federal Board of Revenue to withdraw stinging SROs recently issued.

APLF Fashion Access is listed amongst the leading fashion show where the buyers will get to come across a huge collection of fashionable apparels and fashion accessories.
The customers can select from the huge assortment of garments and choose the best-branded styles that fit as per the budget and taste of the present market trends. The exhibition is the absolute blend of fashion, quality and trendy designs and these are the only reason why every year so much traffic is witnessed by the exhibitors.
The event includes participation from southern China and increasingly from the fast growing economies of India and south Asia. The trade fair covers everything from raw hides, semi and finished leathers, tanning machinery, chemicals and dyes, to CAD/CAM and businesses services.

It attracts thousands of exhibitors and visitors from countries and regions around the world.† The most profound change has been the integration of leather into the wider fashion industry. A seminar on the leather industry would bring together top industry professionals from the US, China, Brazil and India. They will exchange ideas, solutions and offer local perspectives on problems plaguing their industry.


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