National Assembly Standing Committee on textile industry on Tuesday expressed its reservations over the closure of Pakistan Textile City Project, Karachi. He said that due to mismanagement and corruption the debt of textile city is exceeding to Rs 2.4 billions. The committee directed the ministry to sell out 250 acres of its land for payment of its outstanding debt and efforts should be made to make it operational by involving Chinese/Foreign companies for its betterment.
The Secretary, Ministry of Textile Industry presented the report on the performance of Plastic Technology Center (PTC). He was of the view that unfortunately the PTC was in terrible condition and needs to be focused. The committee was unanimously of the view that new campus of National Textile University should be established at PTC in order to make it profitable organisation. The meeting presided over by Khawaja Ghulam Rasool koreja was attended by Sardar Muhammad Shafqat Hayat Khan, Rana Umer Nazir Khan, Haji Muhammad Akram Ansari, besides officials of the Ministry.
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