A plan is being prepared to establish a textile city in Karachi to boost business activity and the economy, says Michael. PHOTO: AFP
ISLAMABAD:
Federal Minister for Ports and Shipping Kamran Michael has said that a plan is being prepared to establish a textile city in Karachi to boost business activity and the economy.
According to the minister the government has already acquired land within the city to allocate to the project.
Talking to the media, he said that foreign investors would be attracted to Pakistan by creating an environment conducive to investment.
He said that all important steps would be taken to revive the economy under the leadership of the new prime minister. He said ports and shipping were important sectors which can be improved with better management and efficient staff to generate good revenue.
Published in The Express Tribune, July 2nd, 2013.
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