• Monday, December 9, 2019

Textile city to be established in Karachi

Discussion in 'Pakistan Economy' started by A.Rafay, Jul 2, 2013.

  1. A.Rafay

    A.Rafay ELITE MEMBER

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    ISLAMABAD: Federal Minister for Ports and Shipping Kamran Michael has said that a plan is being prepared to establish a textile city in Karachi area to boost business activity and economy. He said a piece of land had been acquired to set up the textile city in Karachi a business hub of the country. He said ports and shipping were important sectors, which can be improved with better management and efficient staff to generate good revenue. He said that foreign investors would be called in this region with conducive-environment facility. He said that all important steps would be taken to revive the economy under the dynamic leadership and great vision of Prime Minister Nawaz Sharif. He said that Nawaz wanted to bring improvement in all fields of life and make this country an ‘Asian Tiger’ during his period of tenure. He said that Pakistan is rich in natural resources, which can be utilised in a proper manner to achieve progress and prosperity for the people of the region. Replying to a question, he said that Pakistan wanted to boost business relations with Sri Lanka and India besides other regional countries. He said that China will develop Gwadar Port to bring economic prosperity for the people of Pakistan. The minister said that Pakistan will provide security to the foreigners who are engaged in the development projects. Replying to another question, he said that focus is being given to increase efficiency in the port and shipping sectors.

    Daily Times - Leading News Resource of Pakistan
     
  2. M.harris

    M.harris FULL MEMBER

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    Pakistan desperately needs these kind of projects hope they will succeed in this.:pakistan: