Islamabad: A high level meeting on the Pakistan Textile City ltd was held at the regional office of the Pakistan Textile city which was chaired by the Federal Finance Minister Dr Abdul Hafeez Sheikh.
The matters relating to the gas supply, water project, release of remaining funds and power plant for the Project were discussed in detail.
Briefing the media after the meeting the Federal Finance minister said that an important meeting on Pakistan Textile city was held to discuss the various issues of the project. He said that this project which was spread over an area of 1250acres of land was of utmost importance for the country prosperity. Minister said that this project would be helpful in increasing the textile exports.
Abdul Hafeez Shaikh said that at least 820 plots are available in this project for various segments of the textile and would provide jobs to 80, 000 people.
The Minister stated that the supply of electricity of 250 megawatt would be started in the early next year to the project.
Regarding release of funds for providing and laying 48” dia pipe line for the Textile city the Minister assured that the revised PC-1 of Rs.1351 Million would be got approved in the next meeting of ECNEC.
Dr. Hafeez said that he had personally talk with Dr. Asim Federal Minister for Petroleum and natural Resources during the meeting for supply 9MMCFD for the project on which he assured that the same would be provided in the 1st quarter of next year.
Mr. Zaheer Hussain CEO Pakistan Textile City briefed the Minister about the progress on the project and informed that construction work on the project was expected to be started in 2 to 3 years time. He further informed the meeting that the processes of selling 277 plots have been started.
Those who have attended the meeting Dr. Waqar Masood Khan, Secretary, M/o Finance, Mr. Ali Ahmed Lund, Secretary Local Government, Sindh, Mr. Misbah uddin Fareed, Managing Director KW and SB, Mr. Deep Chand, Chief Engineer, PEPCO, Col ® Syed Asif Jamal, General Manager Technical Operations, Pakistan Textile City.
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