Pakistan Textile City
Pakistan Textile City is located in Karachi, Sindh, Pakistan. Pakistan Textile City is an industrial zone dedicated to the textile processing and related industry. Established in 2009, with a total area of 1250 acres,[1] the estate is located in the Eastern Industrial Zone of Port Qasim Karachi, 6 km from the National Highway.
The
PIDC 1%.[2]
Currently, the Pakistan Textile City project is on the verge of collapse, incurring huge loss to the national exchequer as the government is paying about Rs.400 million as interest on bank loans per year.[3] Due to mismanagement and corruption the debt of textile city is exceeding Rs.2.4 billion.[4]
Other Industrial Parks in Karachi
- Bin Qasim Industrial Zone
- Federal B Industrial Area
- Karachi Export Processing Zone
- Korangi Creek Industrial Park
- Korangi Industrial Area
- North Karachi Industrial Area
- S.I.T.E Industrial Area
- West Wharf Industrial Area
References
- ^ Khan, Atif (December 6, 2016). "MPs concerned at closure of Textile City". The Nation. Retrieved 3 January 2017.
- Express Tribune. Retrieved 3 January 2017.
- ^ Amin, Tahir (March 3, 2015). "Pakistan Textile City Karachi project on the verge of collapse: minister tells National Assembly Committee". Business Recorder. Retrieved 3 January 2017.
- ^ Jabri, Parvez (December 6, 2016). "NA BODY FOR REVIVAL OF PAKISTAN TEXTILE CITY PROJECT, KARACHI". Business Recorder. Retrieved 3 January 2017.
External links
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