LAHORE-Lahore Chamber of Commerce and Business (LCCI) President Mian Tariq Misbah on Saturday stated that Pakistan has the potential to export as much as one billion {dollars} wooden furnishings with the federal government assist.

Talking on the 3-day ‘Furniture Living Expo’ as chief visitor, he stated the export oriented furnishings business and value-added sectors ought to be inspired and facilitated.

The president congratulated the organizer Dr Nazish Faisal, CEO, R F Occasions for holding such a terrific exhibition of its variety that’s not solely specializing in bettering the prospects of furnishings exports but additionally supporting the native market. He knowledgeable that nearly 50 high manufacturers of furnishings have participated on this 3-day expo sponsored by Mater Molty Foam. He additionally appreciated the exhibitors for taking part within the expo and showcasing their best and supreme furnishings articles which might be bought on 50 p.c low cost.

Mian Tariq Misbah stated the exhibitions at all times play a pivotal function in selling the merchandise and such exhibitions ought to be organized on common foundation. He stated Pakistan’s furnishings exports are simply 2.6 million {dollars} whereas the worldwide furnishings commerce is touching 90 billion {dollars}, including there’s a big potential for Pakistan to boost its exports of furnishings to USA, Germany, U.Okay. and France and so on. that are high importers of furnishings on this planet.

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With some innovation on this sector, Pakistan can acquire a aggressive place on this sector at worldwide stage, the LCCI president stated, including “All we need is to modernize our furniture designs and market these articles at competitive price both at national and international levels”. He stated the Expo will probably be useful in selling and introducing Pakistani furnishings, equipment and interiors in and outdoors Pakistan. He hoped that this exhibition will open new venues to the superb potential and calibre of Pakistani furnishings, fixtures and furnishing items which might be being produced with prime quality.

As a consequence of COVID-19, an enormous demand of furnishings has been generated due to coming of winter season and resumption of occasions, marriages and newly constructed homes, shops, buildings.