Pakistan Textile City Pre-Launch event

KARACHI: Pakistan Textile City Limited organised a Project Pre-Launch event at a local hotel. Federal Minister for Textile Industry, says a press release. Makhdoom Shahabuddin was the chief guest at the occasion. Other attendees included leading textile industrialists, foreign diplomats, and heads of textile associations. Minister of Textile Industry affirmed that Textile City will be a key to the revival of the textile sector and enhance exports. The Minister offered complete support from Government of Pakistan to make Textile City a benchmark industrial zone.CEO of Pakistan Textile City Zaheer A. Hussain briefed the gathering on the details and current status of the project located at Eastern Industrial Zone, Port Qasim. He announced sale of plots will insha Allah commence from mid July 2011.Hussain also stated that the launch would boost the growth of value-added textile in Pakistan and benefit local and foreign investors to effectively optimize their return on investment. Advisor to the Prime Minister on Textile Dr. Mirza Ikhtiar Baig and Advisor to Chief Minister of Sindh on Investment, Sindh Board of Investment, Zubair Motiwala also gave details about the project and its impact on growth of the industry. – Nation