Textile: Ministry trying to revive sick industries, says Afridi

The minister said the government was fully aware of the importance of the value-adding sector.


Our Correspondent May 12, 2014
The minister asked the FCCI to finalise their study on sick units so that the government and related ministries could approve the most appropriate option. PHOTO: FILE

FAISALABAD:


Federal Minister for Textile Industry Abbas Khan Afridi on Sunday said that the textile ministry was already deliberating revival of sick industries as it would play a major role in enhancing textile exports and harvesting the benefits of GSP Plus.


He stated this while talking to a delegation of textile exporters headed by Faisalabad Chamber of Commerce & Industry (FCCI) President Engineer Suhail Bin Rashid that briefed him about the importance of revival of sick industries in Faisalabad.


The minister said the government was fully aware of the importance of the value-adding sector, adding that it was not only a major foreign exchange earning sector but was also providing huge number of jobs. He asked the FCCI to finalise their study on sick units so that the government and related ministries could approve the most appropriate option.

Published in The Express Tribune, May 13th, 2014.

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COMMENTS (1)

Shafaq | 9 years ago | Reply

Faisalabad is the backbone of our textile industry. It can only revive with their own electricity and gas arrangements.

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