Home / Knowledge / News / Textiles / Pakistan woos Chinese textile sector
Pakistan woos Chinese textile sector
30
Jul '16
Impressed by the smooth conduct of business in China's economic development zone of Jimo city, chief minister of Pakistan's Punjab province Shahbaz Sharif said that facilities provided to the textile sector in Jimo would be replicated in the province.

Sharif was on a visit to the economic development zone in Jimo, where he saw modern facilities available for investors in the textile and garments sector.

He showed special interest in the one-window service centre and an international pavilion in the zone and told reporters that following the Chinese model he would set up service centres in Punjab to facilitate investment.

Addressing Chinese garments sector investors, Sharif said Chinese garments were very popular in the world. Punjab was an ideal place for investing in this field and that investors should bear in mind that by next year abundant electricity would be available for supply to the industry.

The chief minister said that maximum possible facilities would be provided to foreign investors so that progress and prosperity of the province could be ensured. He said industrial growth would help create jobs for the unemployed youth.

Around 50 important agreements were signed between China and the Punjab government in energy, vocational training, textile, infrastructure and transport sectors during Sharif's visit, according to media reports in Pakistan.

“Work on these agreements will be completed speedily,” he added.

Meanwhile, Ahsan Iqbal, Pakistan's minister for planning, development and reform has said that Chinese textile industries are keen to establish joint ventures with Pakistani companies.

The Pakistan Hosiery Manufacturers Association (PHMA) in a statement quoted Iqbal as saying that China's labour intensive industries were becoming uncompetitive due to high production cost, which is why they were shifting manufacturing to other locations and focusing on research.

“If we are able to have joint ventures with them, it will benefit the businessmen of both the countries,” he had said at a meeting with the members of the textile value-added sector. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Building of Ethiopian textile unit by Chinese firm starts

Textiles | On 22nd Jan 2018

Building of Ethiopian textile unit by Chinese firm starts

Chinese firm Wuxi No. 1 Cotton Mill will build a textile plant in...

JD.com to invest $3.1 bn to revive industry in NE China

Apparel/Garments | On 22nd Jan 2018

JD.com to invest $3.1 bn to revive industry in NE China

To back the government’s campaign to revitalize the traditional...

SIMA makes pre-budget recommendations to Indian govt

Textiles | On 22nd Jan 2018

SIMA makes pre-budget recommendations to Indian govt

Exemption of 5 per cent goods and services tax (GST) on raw cotton,...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

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...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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

January 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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
8.2%
Skip
9.3%

Total Votes: 97


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