Pakistan govt allocates Rs 100 million for fashion institute

03 May '18

1 min read

The government of Pakistan has allocated Rs 1,500 million in Public Sector Development Programme (PSDP) for some on-going and four new schemes. The government has also assigned Rs 100 million for establishing the Institute of Fashion and Design in Karachi. The institute will aim to develop and promote the country’s fashion sector and attract investment.

The Pakistan Institute of Fashion and Design Lahore will receive Rs 100 million to provide transport facilities, and student and faculty hostels. The government has also allocated close to Rs 280.437 million for schemes of the Textile Industry Division in order to promote the country’s textile sector.

The Karachi expo centre will also be remodelled and expand as the government has assigned Rs 500 million for it. Additionally, Rs 700 million has been earmarked for setting up an expo centre in Peshawar, according to Pakistani media reports.

Over a thousand stitching units will also be established in the country at a cost of Rs 154 million. About Rs 18 million will be spent on the Faisalabad garment city training projects. The government has also allocated Rs 58 million for standardising the system of producing high quality and clean cotton. (KD)

Fibre2Fashion News Desk – India

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