The Construction Of Clothing City In Karachi Is Stagnant Due To The Difficulty Of Government Funds.
According to BA's business records March 13th, Pakistan The government's investment in 500 million rupees and 450 million rupees in other investors are hard to put in place, in Karachi. Clothing City Construction is stagnant.
Reported that in December 2007, the Palestinian cabinet Economic Coordination Committee approved the provision of 500 million rupees to the Textile City, but the Pakistani Ministry of finance has delayed funding because of financial constraints. People said that over the past year, but the Palestinian government did not take any substantive measures, which has caused some textile enterprises to pfer to neighboring countries such as Bangladesh, India and Sri Lanka.
Proposed
Textile City
Located in the western part of the city of Karachi, the industrial area in the western part of the city is 1200 acres, and it will also build a garment city with an area of 300 acres.
The total investment of the textile city project is expected to be 3 billion 600 million rupees, including investment in infrastructure such as power plants and wastewater treatment.
The total share of the project is: 45.5% of the federal government, 9.09% of the Sindh provincial government, 4.55% of Ba National Bank, 9.09% of Ba industrial development company, and of Baal (Mann) investment company, Sha (special) BA industrial and agricultural company, Bari (Biya) holding company, BAIC industrial credit investment company and export processing zone 4.5%.
It is reported that so far no Chinese company has expressed interest in this.
Editor in chief: Xu Qiyun
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