The
authorities of Sindh province in Pakistan approved in principle the
establishment of a garment city in Hyderabad and allowed allocation of
Rs 100 million for feasibility preparation. The project on 500 acres of
land will cost Rs 225 million and its completion will take two years.
Minister for Industries and Commerce of Sindh, Rauf Siddidi, said the
garment city in Hyderabad would be the biggest in Pakistan, whereas
Faisalabad garment city company, which is incorporated by the
Securities and Exchange Commission of Pakistan SECP) has a land area
of 40 acres.
.He
added that the project will include facilities and necessary
infrastructure to the textile and leather garment sector to enhance the
export of value added garment, made-ups, accessories and leather
garments to the international markets ..Foreign investors and
entrepreneurs are welcomed and the project is expected to generate
sizeable employment opportunities, especially for women ..The
authorities pointed out that garment cities are successfully operated
in China, Singapore, Vietnam and Bangladesh and India has set up large
industrial parks for the same purpose. The Pakistani government thus
planned to establish three garment cities in Lahore, Karachi and
Faisalabad respectively for the sustained development of the textile
and apparel industry .
Date:1/28/2010
Source:www.adsaleata.com