The government has decided to set up textile Export Processing Zones (EPZs) on priority basis to boost the exports of the country.
According to the official sources on Wednesday, these zones will be established in Karachi, Faisalabad and Lahore.
Following completion, the zones would provide employment to about 80,000 people and would generate export earning to the tune of US dollar 2.5 million per annum.
Special committee comprising Secretaries Industries and Production, EAD, Finance, Commerce, Communication and others have been directed for urgent submission of recommendations so that textile EPZs project could be completed during the current year.
The first textile EPZ will be established at Port Qasim Authority (PQA), Karachi, which will focus in dyeing, processing and finishing of the sector.
The zone would have modern infrastructure like water supply, sewerage, self-power generation and affluent treatment plants.
The Prime Minister's investment package for EPZs would be extended to the Textile City and the land for the project would be allotted at confessional rate by the PQA.
Karachi Water and Sewerage Board (KWSB) would arrange supply of water, while, Sui Southern Gas Company (SSGC) would assure supply of gas load, and Fauji Foundation has promised to set up electricity supply plant, sources said.
The Ministry of Finance, Ministry of Commerce and Ministry of Communication have supported the project.
The project of the Textile City has been technically supported by the Japan External Trade Organisation (Jetro) and M/s Nespak.
The government agencies ie PQA Karachi, KW&SB, SSGC Ltd, Fauji Foundation, EPZ Authority and Textile Commissioner have been issued specific directions for expeditious finalisations for all the formalities.