‘Provincial govt will push ahead with Pakistan Textile City project’

Sindh CM says project has huge potential, assures of all-out efforts to launch it

KARACHI: The Sindh government has decided to continue Pakistan Textile City Limited in partnership with Port Qasim Authority (PQA), said Sindh Chief Minister Syed Murad Ali Shah while presiding over a special meeting on the project.



“Despite some quarters trying to adversely affect Pakistan Textile City Limited, the government is working hard to bring in investment.”

The chief minister said that the textile city has a huge potential and his government would make all-out efforts to launch it with all the facilities like water, gas and drainage among others.

Industries Minister Manzoor Wassan said that the chief minister has personally visited the project site, which stretches over 1,250 acres at PQA.

PQA Chairman Agha Jan Akhtar also said that the project was viable if all the issues being faced by the project are resolved.

Briefing the chair, industries secretary said that the paid-up capital of the company is Rs1,250 million, out of which the federal government has contributed Rs500 million and has 40% shareholding.

Further, federal and provincial governments have contributed Rs199 million and Rs271 million respectively for a water supply line from Dhabeji being constructed by the Karachi Water and Sewerage Board.



The chief minister constituted a committee with Akhtar and Industries Secretary Raheem Soomro to visit the project and review the facilities so far developed and required.

Published in The Express Tribune, March 17^th, 2017.

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