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Pak will attain textile export target of 25 billion – minister
11 Jan '11
1 min read
In spite of the challenges imposed by floods, shortage of gas and electricity crisis, Rana Farooq Saeed Khan – Federal Minister for Textile Industries has revealed that the export target of $25 billion set for textiles in Pakistan would be accomplished.
According to him, the textile sector would have been in a much better situation if the cotton producing areas of the country had not been affected by floods.
While speaking to the press at All Pakistan Textile Mills Association, the Minister revealed that the country had the capacity to fulfill the export target. The problem of gas scarcity is not of recent origin; it is a seven year-old problem. The government has taken several immediate measures to surmount the problems of power and gas load shedding.
The Minister further added that the Neelam Jhelum Project has already been initiated and the Diamir Bhasha Dam is also going to begin within a period of few months. Land has already been purchased for setting up the dam.
According to him, the textile sector would have been in a much better situation if the cotton producing areas of the country had not been affected by floods.
While speaking to the press at All Pakistan Textile Mills Association, the Minister revealed that the country had the capacity to fulfill the export target. The problem of gas scarcity is not of recent origin; it is a seven year-old problem. The government has taken several immediate measures to surmount the problems of power and gas load shedding.
The Minister further added that the Neelam Jhelum Project has already been initiated and the Diamir Bhasha Dam is also going to begin within a period of few months. Land has already been purchased for setting up the dam.
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