Home / Knowledge / News / Textiles / Pakistan can gain by setting up textile units in Malaysia
Pakistan can gain by setting up textile units in Malaysia
15
Feb '13
Setting up a base in Malaysia could help Pakistani textile entrepreneurs gain utmost benefit in Asean countries, Malaysian High Commissioner to Pakistan Hasrul Sani Bin Mujtabar has said.
 
Setting up a joint venture textile unit in Malaysia would not only help Pakistani entrepreneurs to enhance their trade activities, but also provide them with better opportunities to launch their products in Asean countries, Mr. Mujtabar said while addressing the members of Sialkot Chamber of Commerce and Industry (SCCI).
 
Setting up textile business in Malaysia would also help the entrepreneurs get 10 year visa and tax relaxations, he said.
 
Formation of a business forum could play a major part in enhancing trade between the two countries, the official said and assured SCCI members that to help the business community their visa’s would be processed on the same day in case of urgency.
 
SCCI President Sheikh Abdul Majid said to strengthen the mutual trade ties between the two countries, it is important to hold one-to-one meeting of entrepreneurs of both the nations. For this, it is necessary for both the countries to simplify their visa procedure, to facilitate meetings of businessmen of both the countries.
 
Pakistan contributed US$ 257 million to the last year’s bilateral trade volume of US$ 2.8 billion, thus the balance of trade remained in favour of Malaysia, Mr. Majid said.
 
He voiced optimism that the meeting would help in taking the understanding between the entrepreneurs of the two nations to an enhanced level and thus lead the way for boosting trade and economic ties.
 

Fibre2fashion News Desk - India


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Top executives
Textile industry

GST has levelled the playing field to an extent

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Urmil Arya

Sushila International, a well established textile organisation established ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search