Announcement
01 Jul 2016
As part of its Strategic Trade Policy Framework 2015-2018, Pakistan's Ministry of Commerce has announced the Product Development Incentive Order, 2016 to provide a matching financial support to SME's and export firms in certain sectors importing plant and equipment for upgradation of technology. The Order provides higher incentives to SME's and targets the leather, pharmaceutical, fisheries, and surgical equipment industry.
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Number of interventions
3
2 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
01 Jul 2016
Revocation date:
30 Jun 2018
Updated: 01 Jul 2016
Financial grant
Through the new order, matching support of 50% up to 5 million Pakistani rupees per year per firm (USD 47,750) on import of new plant and machinery for technology upgradation by manufacturing enter...
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Updated: 01 Jul 2016
Other export incentive
Through the new order, matching support of 50% up to 5 million Pakistani rupees per year per firm (USD 47,750) on import of new plant and machinery for technology upgradation by manufacturing enter...
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Implementation date
01 Jul 2016
Revocation date:
30 Jun 2018
Updated: 01 Jul 2016
Import incentive
The Product Development Incentive Order by providing financial support for imports of new plant and machinery subsidises import purchases.
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