Article may be outdated

This article is 46 days old. Some details may have changed since publication.

Arab News PK·2 min read·medium

Pakistan plans Karachi apparel hub targeting $2.2 billion in annual exports

I
Ismail Dilawar
Pakistan plans Karachi apparel hub targeting $2.2 billion in annual exports
✦AI Summary

Pakistan's Maritime Affairs Ministry has announced plans for a 400-acre apparel manufacturing hub at Port Qasim in Karachi. The project aims to generate over 138,000 jobs and $2.2 billion in annual exports through a public-private partnership.

Why it matters

This initiative represents a significant effort to boost Pakistan's textile export capacity and industrial employment, potentially strengthening the national economy.

✦Dive DeeperCreate a free account to unlock

<p>

KARACHI: Pakistan’s Maritime Affairs Minister Junaid Anwar Chaudhry on Monday announced his ministry’s plans to establish a 400-acre apparel zone at Karachi’s Port Qasim, saying that its first phase was expected to create over 138,000 jobs and generate annual exports of around $2.2 billion. </p>

The minister was chairing a meeting on the proposed project at Port Qasim, one of the country’s largest seaports. Port Qasim says on its website that it has the largest industrial zone of Pakistan, spread over 15474 acres, and has more than 400 industrial and commercial units in operation. Port Qasim says it is one of the largest contributors to Pakistan’s national economy, handling 51 percent of the country’s sea trade. </p>

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomy
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in