ISLAMABAD, Oct 9: The Board of Administrators of the Export Development Fund (EDF) on Thursday approved various projects amounting to Rs243 million relating to promotion of exports in various sectors.

The meeting was headed by Federal Minister for Defence, Commerce and Textile Industry Ch. Ahmed Mukhtar. Among others it was attended by Secretary Commerce Syed Asif Shah.

An official statement issued after the meeting said that the funds approved for projects included construction of building of Pakistan Institute of Fashion & Design at Johar Town, Lahore (Rs190 million) and budget of Horticulture Development and Export Board, Lahore for the year 2007-08 and 2008-09 (Rs48.478 million).