Chairman All Pakistan Textile Mills Association (APTMA) Ahsan Bashir made presentation on investment climate of Pakistan in textile sector to the D-8 delegates from Turkey, Malaysia, Iran, Bangladesh, Indonesia and Egypt the other day.
The Government of Pakistan had invited Chairman APTMA to present the textile industry investment scenario to the Business Conference of D-8 delegates and apprise them of the investment potential in textile industry of Pakistan. Chairman APTMA elaborated the visiting delegates that the textile industry of Pakistan possesses the potential of growing to $25 billion by 2015 with timely investment to each link of textile value chain.
He also presented different investment opportunity aspects in Pakistan located strategically in between the two biggest growing markets i.e. India and China. He also suggested as to how developing the synergies to achieve respective market opportunities to the D-8 member countries currently operating in various regional arrangements including ASEAN and EU.
Also, further negotiations and interaction between the D-8 countries would help opening up the trade and investment gate for member countries, he added.
The foreign delegates raised pertinent questions to understand the investment climate of textile industry in Pakistan. They also exchanged their viewpoint during the presentation and vowed to continue further negotiations on possible investment in Pakistan textile ahead.
