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Trade Chiefs To Set Up "Textile Cities"

2003-10-29

Trade and industry chiefs in Pakistan will establish three "textile
cities" over the next 18 months as the country gears up for the remove of textile and apparel quotas in early 2005.

Officials will set up the series of textile-focused infrastructure in
Karachi, Lahore and Faislabad from the end of next year following an in-depth feasibility study.

The new cities will mainly concentrate on the dyeing, processing and finishing sectors and will create thousands of new jobs at firms who will be able to take advantage of beneficial trade terms.

Pakistan generated textile exports of $7.17 billion last year with
trade chiefs hoping that figure will grow to $10.12bn by 2005.

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