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Business & Finance

NA body for revival of Textile City project

Published February 23, 2018 Updated February 23, 2018 04:34pm

  KARACHI: A meeting of the National Assembly's Standing Committee on Commerce and Textile on Friday discussed various matters including export of 300,000 MT sugar from surplus stock and establishment of TCP Rice Testing Laboratory.

Chairman of Trading Corporation of Pakistan (TCP), Mushtaq Ahmed Shaikh briefed the committee about the performance of TCP, measures for procurement of 300,000 MT of Sugar from Surplus Sugar stock and export thereof and Establishment of state-of-the-art TCP Rice Testing Laboratory projects.

The meeting chaired by Siraj Muhammad Khan,MNA and Chairman of the Committee, directed officials of Sindh Government, Textile Commissioner Organization, Port Qasim Authority, National Bank of Pakistan and other stakeholders to make consensus on one plan for the revival of Pakistan Textile City Project at Karachi, which has been closed by the Government due to non-availability of Electricity and Gas.

The officials informed the Committee that billions of rupees have been spent on this project; 80,000 jobs can be created if this project starts again.

The Members of the Committee including Mrs. Seema Mohiuddin, Mian Muhammad Rasheed, Nazir Ahmed Bughio, Ms. Tahira Aurangzeb, Ms.Shazia Mari, Ms. Mussarat Ahmed Zeb, Ms. Sajida Begum, Sanjay Perwani, besides Secretary Committee Mehboob Ali Gurmani and others attended the meeting.

Copyright APP (Associated Press of Pakistan), 2018

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