Home / Knowledge / News / Textiles / Pakistan govt disburses Rs 158mn for five textile projects
Pakistan govt disburses Rs 158mn for five textile projects
May '13
In lines with its Public Sector Development Programme (PSDP), Pakistan Government has so far disseminated Pk Rs. 158.9 million for five key projects of the Textile Industry Division, according to The Express Tribune report.
The overall cost for the five projects is pegged at Rs. 2.081 billion, of which, it is proposed to release Rs. 227 million during the current fiscal year, the report said.
Of the amount disbursed so far, Rs. 14.7 million has been released by the Government for the Pak-Korean Garments Technology Training Institute at Karachi. The project involves a cost of Rs. 300 million, and it is proposed to release Rs. 21 million this fiscal.
Further, the Government has also released Rs. 62.3 million and Rs. 64.4 million for Lahore Garment City Company and Faisalabad Garment City Project, respectively. The two projects respectively involve a cost of Rs. 586.8 million and Rs. 498.8 million, of which Rs. 89 million and Rs. 92 would be released during the ongoing financial year that ends on June 30, 2013.
Likewise, Rs. 10.5 million of Rs. 15 million sanctioned for Extension in Export Development Plan Implementation Unit project involving a cost of Rs. 59.2 million has been released by the Government till now.
The Government has also provided Rs. 7 million for project of Providing and Laying of Dedicated 48 inch Diameter mild Steel Water Pipeline for Textile City Karachi. For the current fiscal, it is proposed to provide Rs. 10 million for the project with an estimated cost of Rs. 636.6 million, the report said quoting official sources.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

Indian GDP to grow at 7.5% this fiscal: Arun Jaitley

The GDP of India will grow at the rate of 7.5 per cent in 2017-18 as...

Textiles | On 24th Apr 2017

US’ textile manufacturers applaud Buy American order

US' National Council of Textile Organisations has favoured President...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Johan Berlin
InvestKonsult Sweden AB

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Karan Arora
Karan Arora

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

April 2017

April 2017

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


Browse Our Archives


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