Islamabad, January 08, 2013 (PPI-OT): President Asif Ali Zardari has said that the Government was alive to the issues being confronted by the textile industry including the issue of the power outage, and was taking corrective measures for their early redressal.
During his meeting with a delegation of All Pakistan Textile Mills Association (APTMA) here at Bilawal House tonight, the President said that the Textiles sector was the mainstay of Pakistan’s exports and is a symbol of Pakistan’s manufacturing excellence. He said that all efforts were being made to address the energy crisis so that the production chain, employment and exports of the industry could be saved from adverse effects of power shortage.
The APTMA delegation included among others Mr. Gohar Ejaz, Mr. Ahsan Bashir, Mian Wisal Ahmed Monnoo, Mr. Zahid Rashid Khawaja, Mr. Shahzad Ali Khan, Mr. Imran Aslam, Sheikh Muhammad Akbar, Mr. Mahmood Ihsan, Mr. S. M. Tanveer, Mr. Asif Inam, Mr. Muhammad Yasin Siddik, Mr. Nadeem Maqbool and Mr. Tariq Saud.
Minister for Water and Power Ch. Ahmed Mukhtar, Advisor to the Prime Minister on Petroleum and Natural Resources Dr. Asim Hussain, Secretary Water and Power Ms. Nargis Sethi, Chief Executive Lahore Electric Supply Corporation Mr. Muhammad Saleem and other senior officials were also present during the meeting besides Malik Asif Hayat, Ex-Secretary to the President and Secretary to President Ms. Nasreen Haque.
Spokesperson to the President Senator Farhatullah Babar said that the President while highlighting the importance of the textile industry lauded the critical role being played by the entrepreneurs in developing a self-reliant production chain in the textile sector and commended the private sector for the development of the industry.
He said that in view of the importance of the industry the Government has taken landmark initiatives including giving first-ever Textile Policy, setting a limit on the exports of low valued yarn to make available raw material in the domestic market for value added textile sector, provision of 23 billion rupees during the last three years for the strengthening of textiles value chain despite economic constraints, entrusting Ministry of Textile Industry to deal with the issues relating to cotton and initiating a process for making APTMA a major voice and important stakeholder during policy formulation and decision making process relating to cotton and textile sectors.
While highlighting tough competitive environment at international level, the President said that we need to maintain our competitive edge taking advantage of availability of cotton and low cost labor in the age of globalization where the geographical barriers have virtually been removed.
He said the new business environment calls for greater investments in human resource development, adoption of new technologies and massive improvement in the infrastructure. He stressed that there was a need to further develop new varieties with higher production potential, diverse and distinct characteristics for meeting the future demands.
Spokesperson said that during the meeting Federal Minister for Water and Power and Advisor to the Prime Minister on Petroleum and Natural Resources Dr. Asim Hussain gave a briefing on power situation and gas availability in the country respectively. Chief Executive LESCO also briefed the meeting about the status of power supply to the textile sector in light of Prime Minister’s directives for ensuring availability of electricity to the sector.
Various issues related to Pakistan Central Cotton Committee (PCCC) and the cotton production during the current year were also discussed during the meeting.
The delegation thanked the President for his personal interest in addressing the issues of the textile industry as well as further promotion and market accessibility for this vital industry.
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