ISLAMABAD: Deputy Prime Minister Ishaq Dar has emphasised the need to establish state-of-the-art textile parks through partnerships with international and domestic investors to boost exports and create jobs.

Chairing a meeting of the Work­ing Group for the Establis­hment of Textile Parks in Pakistan on Mon­day, Mr Dar observed that these parks would help drive export-led industrialisation in the country.

Mr Dar, who also holds the foreign minister’s portfolio, undersco­red the need to capitalise on available land in Special Economic Zon­es (SEZs) by upgrading them into ‘plug–and–play’ facilities to attract immediate industrial investments.

He asked all stakeholders to expedite actionable plans, remove procedural bottlenecks, and align efforts with the government’s vision of sustainable economic growth and export enhancement.

The working group, constituted by the prime minister in Septe­mber last, includes representatives from the Board of Investm­ent (BoI), Ministry of Industries and Produ­ction, Ministry of Comm­er­ce, Special Investment Facilit­ati­on Council (SIFC), Economic Affairs Division, and Power Division.

Provincial Coordination Comm­i­ttees of Punjab and Sindh and the Embassy of Pakistan, Beijing, also participated to ensure seamless collaboration.

In September last, the RUYI Group of China signed a memorandum of understanding with the BoI to establish a facility to manufacture textile parts of international standard in Pakistan.

Published in Dawn, January 14th, 2025

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Canal unrest
03 Apr, 2025

Canal unrest

AS unrest in Sindh increases over the Cholistan canal plan, the PPP seems unclear on how to cool public sentiments....
Iran-US tension
03 Apr, 2025

Iran-US tension

THE Trump administration’s threats aimed at Iran do not bode well for global peace, and unless Washington changes...
Flights to history
03 Apr, 2025

Flights to history

MOHENJODARO could have been the forgotten gold we desperately need. Instead, this 5,000-year-old well of antiquity ...
Eid amidst crises
Updated 31 Mar, 2025

Eid amidst crises

Until the Muslim world takes practical steps to end these atrocities, these besieged populations will see no joy.
Women’s rights
Updated 01 Apr, 2025

Women’s rights

Such judgements, and others directly impacting women’s rights should be given more airtime in media.
Not helping
Updated 02 Apr, 2025

Not helping

If it's committed to peace in Balochistan, the state must draw a line between militancy and legitimate protest.