Textile City very attractive idea: Japanese envoy

ISLAMABAD - Japanese Ambassador Hiroshi OE, called on Federal Minister for Textile Industry, Makhdoom Shahabuddin, here at Ministry of Textile Industry, to discuss the prospects of Pakistan Textile City, a recent project launched by the said ministry. Secretary Ministry of Textile Industry, Shahid Rashid and CEO Pakistan Textile City Limited, Zaheer Hussain were also present on the occasion. During the course of discussion, Federal Minister, Makhd-oom Shahabuddin said that the basic idea of the project was to facilitate and boost textile industry and to get maximum foreign direct investment in this sector. He further highlighted that development work was in progress and all state-of-the-art facilities and amenities like wide roads, support industry, uninterrupted gas and water supply, hospitals, schools and effluent treatment plant, will be provided to the investors. He reiterated that our vision is to build an international standard zone for textile industry and to provide a wonderful opportunity to both foreign and local entrepreneurs. Pakistan Textile City is being established as a benchmark industrial zone providing modern infrastructure to the value added textile sectors. It will help to increase the exports significantly as more than 277 new units will be established on 1,250 acres of Textile City. Ambassador Hiroshi OE said that Pakistan has huge potential and the idea of Textile City was very attractive. He also vowed to meet the Japanese businessmen and to persuade them to make investments in this project. Furthermore, he also showed keen interest in visiting the site of the project.

ePaper - Nawaiwaqt