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Pakistan Asks The Government To Cut Down The Cost Of Doing Textile And Clothing Business.

2011/7/26 8:55:00 49

Doing business to reverse the recent budget.

cost

The rise of all Pakistan handloom and tradition

textile

Mohamed, the chairman of the manufacturers and Exporters Association (APHTTMEA), asked the government officials to intervene in the problem, and immediately took measures to reduce the cost of doing business and keep them at an equal level.

Mr. Xah said the government needed to extricate the value-added textile sector from difficulties, because

The added value textile sector is the largest foreign exchange earning industry in the country.

foreign exchange
收入贡献了近67%。

He added that the recent shortage of natural gas and electricity was a serious concern for the textile industry, which not only caused major losses in the textile industry, but also lost the traditional global export market.

Mr. Xah asked Prime Minister Gilani and President Zardari to expand.

Exporter

R & D concession, the index extended for another 4 years.

Xah said such concessions would help reduce the cost of doing business to a reasonable level, because in Pakistan,

tax revenue

Higher than other countries.

Xah said that the textile industry contributed 27% of the industrial added value, accounting for 38% of the employment rate of the industrial sector.

Therefore, continuous power shortage is a serious threat to the textile sector, and to the country at the same time.

Economics

Not at all.

Moreover, low productivity also hinders exporters from fulfilling their export commitments.

In view of this, Xia suggested that the government should consider the utilization of hydropower resources and build a reservoir and power generation units, which is a more economical way of generating electricity.

He pointed out that Pakistan should look for alternative energy resources.