WIL interested in setting up JVs with private sector


Islamabad: A delegation of Wah Industries Limited (WIL) led by its General Manager (Sales & Marketing) Wasif Afzaal Taseer visited Islamabad Chamber of Commerce and Industry to explore the possibilities of joint ventures with private sectors for manufacturing of commercial products. Raza Haider General Manager PMT Labs and Khalid Latif Director PMT Labs of Wah Industries Limited were also in the delegation.
Speaking at the occasion, Wasif Afzaal Taseer, General Manager (Sales & Marketing), Wah Industries said that WIL was established on 7th November 1958 as a commercial enterprise of Pakistan Ordinance Factories to utilize maximum spare production capacity of POF’s men, machinery and materials for production of commercial products. He said the WIL has not branched out into many subsidiaries including Wah Nobel (Pvt ) Ltd.,  Attock Chemicals (Pvt) Ld, Hi-Tech Plastic (Pvt) Ltd and Wah Brass Mill (Pvt) Ltd and was now opening up to private sector for joint ventures in order for optimum utilization of its production facilities. He desired that private sector should join hands with it for mutual development and growth. He at the occasion gave a detailed presentation about various products being manufactured by the WIL including 12 bore Shaheen cartridges, 30 bore ammunition, non-ferrous and ferrous products, acids and chemicals, uniforms & clothing items, all type of plastic items,!
lab testing and PHO solutions etc.
Khalid Iqbal Malik, President, Islamabad Chamber of Commerce and Industry in his welcome remarks said that WIL should provide easy access to the private sector so that entrepreneurs could explore prospects for business partnerships with it. He said WIL has good quality facilities of lab testing and calibration and it should create more awareness about its facilities in the private sector so that industrialists could avail its facilities for improving the quality and standard of their products.
He said it was encouraging that WIL was opening up for private sector and hoped that the collaboration of WIL with private sector would create win-win business collaborations. It would also help in exploring new markets for it and expanding its geographical reach. He assured that ICCI was ready to cooperate with WIL in finding sustainable JVs with private sector so that public-private partnership model could achieve more beneficial results for the country.
Khalid Malik Senior Vice President, Tahir Ayub Vice President, ICCI, Khalid Javed, Ejaz Ahmed, Nadeem Mansoor and others also spoke at the occasion and showed interest in doing business with WIL.


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