Razak says $5 billion investment for raising new textile units in pipeline
Investment worth $5 billion is in the pipeline for the establishment of new textile units, Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said Thursday.
Highlighting the positive outcome of the "Make-in-Pakistan" policy, Dawood wrote on Twitter: “Our Make-in-Pakistan policy is beginning to show results.”
“We have been informed that an investment of approximately $5 billion is in the pipeline under which 100 new textile units are expected to be established,” the adviser said.
these are likely to create about 500,000 Jobs. This government has reversed the de-industrialisation and Insha’Allah, we are now on a path of industrial growth in Pakistan.
— Abdul Razak Dawood (@razak_dawood) October 7, 2021
?? @aliya_hamza @mincompk @investinpak #Pakistan #PakistanMovingForward #textiles #industry
Sharing further details regarding the investment, he said: “Apart from enhancing export capacity, these are likely to create about 500,000 jobs.”
“This government has reversed the de-industrialisation and InshaAllah, we are now on a path of industrial growth in Pakistan,” the PM's aide added.
The adviser said apart from enhancing export capacity, these were likely to create about 500,000 jobs.
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