PAKISTAN: Textile city to provide 80,000 jobs
Further details are emerging on Pakistan's first textile city in Karachi, with the scheme offering 800 plots covering the whole of the apparel supply chain from cotton and yarn to clothing.
The facility, being built in the eastern area of Port Qasim, will also provide jobs to about 80,000 people, according to Finance Minister Hafeez Shaikh.
"It is one of the mega projects of the country which is being built with public-private collaboration and with an estimated initial cost of infrastructure facility of PKR1.5bn (US$174m). The project is very important for the country to enhance textile exports."
Occupying an area of 1250 acres, the Textile City will have facilities including power plants, water supply, combined effluent treatment plant, natural gas, workers' residential complexes, transportation systems and training institutes.
It is the first of three such textile cities being planned, with the other two scheduled for Lahore and Faisalabad. The projects were envisaged under the five-year textile policy (2009-14) aimed at increasing textile and clothing exports to US$25bn by the year 2015.
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