Textile industry: MCCI chief lauds government decision to provide 60 MMCFD LNG in winter

"We welcome the government decision to provide 60 MMCFD LNG to the Punjab-based textile industry in winter and averted the threat of a complete closure of mills due to the high cost of doing business," President of Multan Chamber of Commerce & Industry (MCCI) Fareed Mughis A Sheikh said on Monday.
He thanked the Prime Minister Nawaz Sharif, Federal Finance Minister Ishaq Dar and Federal Petroleum Minister Shahid Khaqan Abbasi for saving Punjab industry from closure and saving the jobs of thousands of workers. He said this single step showed that the federal government is serious in resolving textile industry issues. He further recalled the candid attitude of the Prime Minister Nawaz Sharif in September 11 meeting with textile industry representatives, which has opened up the path of relief to the textile industry. He was of the view that the government has always taken the textile industry as a mainstay of economy and is all serious on lessening its burdens in line with the regional competitors.