September 11, 2005 -- The ground breaking ceremony of Rs 450 million Tools, Dies and Molds (TDM) centre project will be held in Karachi on October 15.

This was told at the meeting of executive committee of proposed TDM centre in Karachi with Federal Minister for Industries, Production and Special Initiatives, Jahangir Khan Tareen in the chair.

The meeting was attended among others by Chairman Technology Up gradation and Skill Development Company (TUSDEC), Almas Hyder and members of the TDM executive committee.

Speaking on this occasion, Federal Industries Minister, Jahangir Khan Tareen stressed for the completion of the project within one year and added that it should be inaugurated on August 14, 2006.
He hoped that the establishment of the TDM centre would prove a big support for Pakistan’s engineering sector.

Tareen said that government would take all the necessary steps for the promotion of engineering sector in Pakistan with an objective of boosting exports and substituting molds and dies imports with local production.

Earlier, Chairman TUSDEC, Almas Hyder and TDM executive committee chief, Munir Banna briefed the minister about the steps being taken for the establishment of the project.    

TDM centre being set up by TUSDEC in a period of 10 months, would provide support to country’s dies and mold sector in carrying out rapid prototyping through the latest technologies like stereolithograpy, selective LASER Sintering and Rapid Tooling along with support for CAD/CAM and CNC machining.

Pakistan Industrial Development Corporation (PIDC) has provided a piece of land over an area of 2 acres in Korangi, Karachi for the project.

The expected beneficiaries of TDM centre are-telecom, automobiles and aviation.