Textile package: APTMA wants immediate announcement
Aptma members were hoping for the announcement of the much-deliberated revival package
LAHORE:
All Pakistan Textile Mills Association (Aptma) Chairman Aamir Fayyaz has appealed to Prime Minister Nawaz Sharif to announce the textile industry revival package without delay in order to increase exports, create jobs and attract investment in the country. He said Aptma members were hoping for the announcement of the much-deliberated revival package, which included removal of incidence of duties on cotton import, duty-free import of man-made fibres not manufactured locally, and eligibility of long term finance facility for indirect support. Furthermore, he added, energy is a major component of the cost of production and its availability at a regionally-competitive rate is imperative for the export-oriented textile industry.
Published in The Express Tribune, October 27th, 2016.
All Pakistan Textile Mills Association (Aptma) Chairman Aamir Fayyaz has appealed to Prime Minister Nawaz Sharif to announce the textile industry revival package without delay in order to increase exports, create jobs and attract investment in the country. He said Aptma members were hoping for the announcement of the much-deliberated revival package, which included removal of incidence of duties on cotton import, duty-free import of man-made fibres not manufactured locally, and eligibility of long term finance facility for indirect support. Furthermore, he added, energy is a major component of the cost of production and its availability at a regionally-competitive rate is imperative for the export-oriented textile industry.
Published in The Express Tribune, October 27th, 2016.