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ISLAMABAD: Caretaker Federal Minister for Commerce and Industries and Production, Dr Gohar Ejaz, on Wednesday, set an ambitious target of $25 billion in textile exports for the current financial year against the $16 billion target for the last fiscal year.

The minister also pledged a swift revival of all shuttered industries within the country, with a tight deadline of just one month. During a meeting convened with the Pakistan Textile Exporters Association, led by Khurram Mukhtiar, Gohar outlined his vision. The minister assured that each industry currently closed for various reasons would see reopening by September 30.

Comparing this year’s projected export figures with the previous year’s $16 billion, he expressed confidence in surpassing this milestone.

Gohar assumes charge with $80bn export goal on mind

He emphasized that all challenges obstructing their operations would be systematically addressed. Dr Ejaz asserted his willingness to personally engage with all stakeholders, including industrialists.

He affirmed his readiness to visit their premises if required, underlining his dedication to revitalising the industrial landscape. The minister requested a comprehensive list of all dormant industries nationwide, along with their specific issues.

The minister also said that pending funds owed to industries by various departments, including the Federal Board of Revenue (FBR) and customs, would be swiftly resolved.

Furthermore, he extended an open invitation to associations and businessmen, ensuring his availability to collaborate and find resolutions for their problems.

The minister assured that challenges related to gas, electricity, energy, and fund disbursement would be resolved efficiently, reiterating his commitment to fostering a thriving business environment.

Copyright Business Recorder, 2023

Comments

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Shahid Khan Aug 31, 2023 10:01am
No issue in making oneself happy
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Qaisar Saleem Aug 31, 2023 10:31am
Great news, the confidence reflecting from the minister's posiive approach is a ray of light in complete darkness.
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Sohail Aug 31, 2023 11:09am
yeh wala nasha karna hai.....
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Tulukan Mairandi Aug 31, 2023 11:10am
Fat hopes
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Tanveer Hussain Aug 31, 2023 12:35pm
Pakistan Textile Exports in July down -11.44% from the same month last year.
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Tariq Qurashi Aug 31, 2023 04:09pm
This is possible if we move to making apparel and clothing rather than exporting cloth and yarn. We need to make more value added products. Also if Gohar Sahib manages to simplify the red-tape and bottlenecks standing in the way of increased exports we may get good results.
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TidBit Sep 01, 2023 09:04pm
Why not set the target to $50 billion. It looks even better.
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