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China, Turkey, Korea firms show interest in investing in textile city

2011-8-1

Prime Minister Syed Yusuf Raza Gilani has said here on Saturday that Chinese, Turkish and Korean businesses have shown an initial interest in investing in Pakistan’s textile city. He was speaking at the launching of sale of plots to textile entrepreneurs in Pakistan Textile City, Port Qasim, held at Sindh Governor House here Saturday. Sindh Governor Dr. Ishrat-ul- Ebad Khan, Chief Minister Syed Qaim Ali Shah, Federal Textile Minister Makhdoom Shahabuddin, provincial ministers, legislators and leading businessmen were also present on the occasion.

He said Pakistan must take full advantage of the opportunities that are globally available in textile sector.

The Prime Minister underlined the need for improving skills of labour force to enhance their productivity, improve the quality of products, business practices and corporate governance to take due share in global textile business.

Gilani said that while the government was responding to the demands of textile industry by providing  relief packages, the industry in turn should respond by assuring the implementation of quality standards and good business  practices so that the benefits are not short, but of long term.

“I invite the textile community of Pakistani businessmen and investors to come forwards and avail the world class infrastructure facilities offered at textile city”, he remarked.

Syed Yusuf Raza Gilani  said it was the  duty of both the government and the entrepreneurs to be part of Pakistan’s march towards becoming the hub of  quality textile  products.
 
Source:CTEI
 
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