The pre-launch ceremony of the Pakistan Textile City Limited was presided over by Makhdoom Shahabuddin, Federal Minister for Textile Industry as Chief Guest. Other attendees included foreign diplomats, leading textile industrialists and textile association heads. Attendees present on the occasion expressed deep interest in the Textile City project.
While talking about the project, the Minister said that this would be a core project aimed at revival of textile industry and to boost its exports. Further, he even ensured total support from the Government for developing Textile City as a model industrial zone.
Zaheer A Hussain, CEO of Pakistan Textile City updated the audience present at the ceremony regarding the current status of the project being developed at Eastern Industrial Zone, Port Qasim. He also disclosed that the sale of plots is proposed to begin in mid-July this year.
He further stated that the launch of the Textile City would enhance the growth and development of value-added textiles in Pakistan and it would enable both the domestic and overseas investors to increase their earnings on investment.
Besides Mr. Hussain, Dr. Mirza Ikhtiar Baig, Advisor to the Prime Minister on Textiles, and Zubair Motiwala, Advisor to Chief Minister of Sindh on Investment, Sindh Board of Investment, too shared some facts regarding the project and how the project would contribute to the development of the value-added textile industry in Pakistan.