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Pakistani govt committee proposes projects for PSDP 2018-19
Feb '18
Pakistani govt committee proposes projects for PSDP 2018-19
Pakistan’s National Assembly Standing Committee on Textile and Commerce has approved proposals for development projects worth Rs 25.63 billion for inclusion in the 2018-19 budget. For the textile division, an amount of Rs 11.1 billion was proposed for five new projects and Rs 6.06 billion for seven projects which were resubmitted for approval.

The proposals were recommended for incorporation in the Public Sector Development Programme (PSDP) for the next fiscal, according to Pakistani media reports.

The committee meeting was headed by chairman MNA Siraj Muhammad Khan.

An amount of Rs 8.55 billion was proposed for seven projects related to the establishment of new expo centres in Islamabad, Quetta and Faisalabad and expansion of the Karachi Expo Centre, provision of hostel and transport facility to students of Pakistan Institute of Fashion and Design, and the completion of the Peshawar Expo Centre. These projects will be executed in 2018-19 and fall under the ambit of commerce division.

Establishment of a National Textile University (NTU) campus in Quetta, the Garment City Project in Karachi, construction of a new library at NTU Faisalabad and implementation of system for the standardisation of high quality cotton are some of the projects to be initiated in 2018-19.

The projects resubmitted for approval relate to the PM Skill Development Programme for the textile industry and studies for climatic change, recycling of organic wastes, restoration of soil fertility and cost management in cotton production and marketing. (DS)

Fibre2Fashion News Desk – India

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