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Garment City may not fully exploit GSP Plus |
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| IT Department SCCI |
January 27, 2014, 01:33:44 AM |
LAHORE - The proposed garment city in Sheikhupura is projected to help Pakistan benefit from the free market access to the EU countries by enhancing its textile export share, which is mere 1.68 percent of the global market due to lack of institutional support.
With half of 12 billion cotton bales going out of the country unprocessed, the timely completion of garment city – renamed as Punjab Apparel Park – could be a step forward to enhance value addition capacity. At the moment, the country’s 250 textile processing mills add value to only 6 billion cotton bales while rest of the expensive raw material is exported without textile processing. Read more |
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| Phone: +92 42 371 68999 fax:
+92 42 371 68999 E-mail:
info@scci.net.pk
Address: 23 KM, Lahore-Sheikhupura Road, Qila Sattar
Shah, Sheikhupura, Punjab, Pakistan |
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