The Textile City Project In Pakistan Can Promote The Entire Textile Value Chain.

The sale of land in Pakistan textile city began in Kunming Xingang near Karachi. Premier Gilani made an official announcement at the opening ceremony.

Pakistan

The Pakistan government's initiative to provide world-class infrastructure has been praised by international investors.

Shaker Ahmad, a member of the Karachi Cotton Association, and the executive member of the Pakistan yarn wholesaler Association, Rabbani, the president of the Pakistan textile factory Association, the president of the Baluchistan branch, launched a joint statement with international investor law Zal. Ahmad.

The joint statement said that once the huge project was completed, the entire value chain of Pakistan's textile sector from cotton to yarn to clothing would be greatly benefited.

Shaker Ahmad said that the textile city project will bring to the industrial sector.

Shaker said cotton prices will be more stable and lint output will increase.

The Textile City factory will generate several kinds of employment, in addition, it can also increase the profit of goods pporters.

Mr. Rabbani believes that once the project is completed, the national yarn department can easily compete in the global market.

The establishment of textile factories and the establishment of garment manufacturing facilities will increase domestic yarn demand.

After the completion of the textile city project, exports will rise, resulting in an increase in demand for quality yarns.

The goal of the textile city project is to attract $250 million investment in the value-added textile sector of the country, which will support the balance of payments, which will lead to over $3 billion in exports.

Mr. Sidiko said that once the quota system of the world trade organization is over, Pakistan's textile sector will be in a better position in competition with other textile exporters, such as Bangladesh, China and India.

The facilities of Pakistan textile city can attract joint ventures, so that the export market share of national textile products can be increased.

Mr. Shaker said that international investors have already demonstrated the textile industry with Pakistan.

Once the Textile City plant begins to operate fully, the textile city of Pakistan is expected to bring direct employment opportunities to more than 80 thousand people.