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Apex Engineering Regulatory Body Dissolved by PM

Employees of Engineering Development Board (EDB) have staged a protest against the dissolution of Engineering Development Board Yesterday. EDB was the apex government body working under the Ministry of Industries and Production entrusted to strengthen the engineering base in Pakistan.

The federal cabinet headed by Prime Minister Shahid Khaqan Abbasi dissolved the Engineering Development Board (EDB) working under the supervision of Ministry of Industries and Production, it is learnt.

The decision has been taken over the serious reservations of the government for delaying approvals of CPEC power projects and supposedly involved in rampant corruption, the sources claimed.

Interestingly, through an amendment made in the Finance Bill 2016-17, the requirement of EDB’s verification for availing duty exemption has already been removed for IPP projects above 25MW.

The employees of EDB have demanded the restoration of their department as hundreds of employees are being affected by this decision and their employment is gone.

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