KARACHI: $1 billion annual investment pledged in Textile sector to doublethe exports by the All Pakistan Textile Mills Association, private mediahad revealed.
Textile millers are ready to annually invest one billion dollars if thegovernment would ensure ease of doing business to double exports in thenext five years, reported *The News*.
All Pakistan Textile Mills Association (APTMA) Central Chairman AmanullahKassim Machiyara said industrialists are all set to invest one billiondollars annually in case the government ensures a congenial environment todouble the exports in the next five years.
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“The government is expected to restore the confidence level of the textilemillers by announcing the textile package sooner,” Machiyara said,delivering a speech through a video link to all zonal members. The meetingwas held on the occasion of 61st annual general meeting of APTMA.
