President stresses need of PPP for achieving economic goals

15 Feb '11

4 min read

The All Pakistan Textile Mills Association (APTMA) annual dinner held for the first time in history at the presidency on 11th February 2011.

It was attended largely by over 250 guests, including businessmen, APTMA members, chairmen and presidents of chambers of commerce & industry and trade associations, bureaucrats, Federal Secretaries and relevant Federal Ministers.

The function went exceptionally well-managed and successful drawing the desired results of both the government and the APTMA. President Asif Ali Zardari assured to take the way forward presented by the APTMA Chairman Gohar Ejaz in his speech on the occasion.

He said the government was fully supportive to the APTMA and appreciated the public advocacy and APTMA proposals on market access, cotton issues and free market mechanism in the country for the larger benefit of cotton farmers and the textile industry. President also appreciated the young, energetic and dynamic APTMA management and stressed on regular interaction to bridge gap between the policy making and implementation.

He assured the APTMA chairman that the newly-appointed Minister of Textile Industry would call APTMA delegation within a week for briefing and issues and affairs of textile industry. According to him, he himself would stay in touch with the APTMA leadership for monitoring the day to day follow ups of government initiatives for growth of textile industry. He also urged the APTMA to contact vigilantly with all concerned ministries to speed up the facilitating role of the government.

President Asif Ali Zardari also declared 2011 as the Year of Textile in order to achieve new heights in textile business. He also desired an enhanced role of APTMA in the market access priorities and efforts to overcome energy shortages. President also stressed the need of the Public Private Partnership (PPP) for achieving economic goals and the role of APTMA management in government think tanks for economic progress.

The APTMA management recognized the services of textile legends including Shahzada Alam Monnoo, Bashir Alimohammad and late Razzaq Tabba by announcing Legends of APTMA awards for them. President Asif Ali Zardari conferred these awards to these legendary figures. APTMA also commemorated the services rendered by President Asif Ali Zardari by conferring him a special award on the occasion.

APTMA has expressed the hope that the government policymakers would expedite necessary measures for goals set under the APTMA vision for larger interest of economy and the industry.

Earlier, in his address, Chairman APTMA said that Pakistan's textiles and clothing sector has been integrated into the upcoming $800b international textiles and clothing trade. It procures 11.5 million domestic bales and 3 million bales from the international market on international terms, due to shortage of cotton crop since last ten years.

He also appreciated President Asif Ali Zardari for understanding the matters and with your timely intervention Pakistan's Textile Industry, saving from collapse. As a result, he said, an additional Rs. 200 billion has been transferred to the Agriculture sector this year and the textile exports have also increased in proportion and likely to maintain the momentum by increasing up to $4 billion this year.

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