Times of Islamabad

New textile policy 2019 – 24 to make Pakistan World market leader in textile sector

New textile policy 2019 – 24 to make Pakistan World market leader in textile sector

FAISALABAD – The Faisalabad Chamber of Commerce & Industry (FCCI) SeniorVice President (SVP) Zafar Iqbal Sarwar has proposed new textile policy for2019-24 to make Pakistan world market leader in textile sector.He said that special emphasis would be given to improve Pakistan’s globalranking in the textile sector.

He proposed one window operation for registration, Incorporation, EOBI,Social Security, Taxation and collection of different fees etc.He said that efforts should be expedited to increase cotton production.

He said that steps should also be taken to facilitate additional capitalinvestment and reduce cost of doing business.Senior Vice President FCCI proposed that existing industrial zones shouldbe improved by extending the SME sector.He said that vocational trainingshould be improved and women entrepreneurs should be encouraged so thatthey could contribute their role through coordinated efforts.