Just in:  

You are here: Home»Top News»Pakistan Top News»Korean govt augmenting Pak textile sector

Korean govt augmenting Pak textile sector

textile 400MULTAN: Korean government has provided 5 million dollars to Textile University of Faisalabad for introducing new courses on modern trends pertaining to textiles.


Federal Secretary Textiles, Shahid Rasheed, said here that 57 per cent of country's exports were based on textile sector and Korean government was extending generous help to usher reforms in this vital sector.


Addressing members of Pakistan Cotton Ginners Association (PCGA), he said that Korean government has also established an institute at Karachi which is equipped with modern machines as well as other infrastructure. The Federal Secretary said that the Textile city was nearing completion in Karachi.


He said that he had initiated a project with the help of ILO for training of manpower.


Shahid Rasheed said that matters pertaining to seed certification and prices were not in the ambit of his ministry. "The matters regarding land and funds have been settled for Cotton Ginning Research Institute at Multan which will be a modern institute", he said.


He added that draft of the first Cotton Policy has been finalized and it will be provided to PCGA, and other stalk holders soon.


Chairman PCGA Mahesh Kumar, former Chairmen Amanullah Qureshi, Cotton Commissioner, Khalid Abdullah and Chairman All Pakistan Oil Mills Association, Ansar Khan also spoke on the occasion.


Copyright APP (Associated Press of Pakistan), 2012


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln