The mega project of Textile City would be completed by June next year at a cost of Rs 6 billion. The Chief Executive Officer of Textile City Limited, Zaheer Hussain, announced this during a press briefing held here as part of 'Textile Asia-2006' Exhibition and Conference at Karachi Expo Centre on Sunday.
He said that the issue of procurement of land had been resolved with the co-operation of Prime Minister Shaukat Aziz, "and now all is set" to launch the 'Textile City' next year.
The project to be set up on an area of 1230 acres, will also have housing facilities for workers on additional 300 acres land located near the project. "The additional land was acquired with the help of provincial government," he added.
Zaheer said that to meet the water requirements, a water pipeline from K-III project would be provided to the 'Textile City' by the provincial government.
Textile Commissioner Muhammad Idrees Ahmed said another project of textile garments would also be established in the vicinity of Textile City.
Through value-addition, textile garments would add $400 million to exports of the country besides offering 60,000 job opportunities to the people, he added.
He said that this project would prepare high-value woven and knit garments.
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