According to Berger Technology Report for February 2008, Pakistan's foreign direct private investment in textile and clothing sector declined by 55 percent during the first seven months of the current fiscal year.
The report added that although the country made efforts to offer attractive incentives for foreign investors and has growth potential in its textile and clothing sector, the country is unable to attract substantial foreign direct investment because of a shortage of infrastructural facilities and trained labour forces.
Textile and apparel exports in the first seven months of the fiscal fell by 3.44 percent y/y due to political turmoil, rising production and raw material costs, the report said.
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