Japan to provide $300m

Published February 28, 2002

ISLAMABAD, Feb 27: Japan will provide $300 million for improving the social sector and the quality of water in the textile sector of Karachi’s industrial area.

This was stated by a five-member delegation of the Japan External Trade Organizations (Jetro) during a meeting with Commerce and Production Minister Abdul Razzak Dawood here on Wednesday.

The delegation, led by Jetro director-general Osamu Mizui, apprised the minister about Japan’s investment in the areas of health, education, poverty reduction and textile machinery.

Mr Dawood hoped that President Gen Pervez Musharraf’s visit to Japan next month would strengthen economic relations.