PEC will provide interest free loan to young engineers in Pakistan


Pakistan Engineering Council (PEC) Chairman Engineer Jawed Salim Qureshi has announced interest free loan to young engineers.

PEC will form an Engineering Construction Bank to provide interest-free loans to young engineers so that they can establish their own startups.

The chairman said that an entrepreneurship culture needs to be developed among engineers, given the market condition and unemployment challenges. He also said that if the engineering council gets the opportunity to construct a dam, it can assist because it has all the well types of equipment.

Qureshi said that Pakistan is capable of producing low-priced electricity while addressing the annual convention of Pakistan Society of Agricultural Engineers at University of Agriculture Faisalabad (UAF).

The chairman also underlined that government departments concerned with engineering should have engineers on top positions to give better results.


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