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His Excellence, Chief Guest Mr. Ch. Mushtaq Ali Cheema, Federal Minister of Textile Industry, Distinguished Guests, Dear friends, Ladies and Gentlemen, good evening!
I feel immense pleasure to be here today with you and thankful to Mr. Maqsood Naz, Managing Director of Olympia (Pvt) Ltd, who has arranged this function, which is really helpful to us to exchange the information and track the market demand to textile industry in Pakistan market.
On behalf of CTMTC as well as the machine manufacturers, JINGWEI and ZHENGZHOU, first of all I have to say thank you to all our customers in Pakistani market to use our textile machinery in last 20 years.
The purpose of the visit of this delegation is to get more market feedback so as to improve our products and strengthening more close relationship with our valued customers in Pakistan market. On the same time, after establishing our service center in Lahore for cotton spinning section in last April, we will also set up the branch office in Faisalabad to concentrate on the fields of weaving, dyeing and finishing, nonwoven in the coming month.
It is our responsibility to improve the quality of our products as well as the after sales service to all of our customers on technical support as well as the quick parts provision.
As far as the price concerns on our spinning equipment, you may be interested to know what will be done by CTMTC now. Although we are facing great challenges and pressure on our currency RMB appreciation in the coming days, for your kind information, in order to maintain the market prospect of business in this market, CTMTC will stick to keep the current price unchanged on ring spinning frame on the delivery within this year and more transparent, reasonable and attractive prices of our back process machinery would be also implemented to our new orders so as to meet this market expectation for BMR and expansion plan in the textile sector. For more information, please kindly contact our local Agents in Pakistan.
Also CTMTC will participate IGATEX 2006 in Karachi from April 26 to 29, in which we will display our machinery such as carding machine, rapier loom, sizing machine as well as the automatic laboratory equipment, which are selected to meet the needs of Pakistan market. And on the meanwhile we also welcome you to visit the coming international textile machinery exhibition CITME 2006 in Beijing in this October to see our latest technology and products of textile machinery developed by our group.
To enhance the close cooperation with our valued customer under current situation, CTMTC also are ready to offer financial support service to the potential customer in Pakistan. Based on the close cooperation with yours, CTMTC have full confidence to continue to provide your better solutions with our best textile machinery in future.
Thank you for your patience and valued time.

Copyright Business Recorder, 2006

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