Interviews
Garment sector loss following incident of Dec 27
07 Jan '08
1 min read
As an initial assessment based on 3 days closure and the annual export of the Garment Sector being US$ 3.35 bill, Pakistan's Readymade Garments Manufacturers & Exporters Association estimates that the working loss of the Garment Sector for the 3 days comes to approximately Rs. 2,07 bill (US$ 33,7 mill) where other penalties such as shipment delays, loss of business/orders etc are not included.
The total estimated loss is yet to be finalized on receiving reports from garment units on the actual physical damage (infrastructure, machinery, vehicles, material etc).
The total estimated loss is yet to be finalized on receiving reports from garment units on the actual physical damage (infrastructure, machinery, vehicles, material etc).
Pakistan Readymade Garments Manufacturers & Exporters Association
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