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The Vision
To develop and operate a world class industrial zone
dedicated to the textile processing industry and project
Pakistan as a textile hub synonymous with excellence.
The Company
Pakistan Textile City is an unlisted public limited company
incorporated in May 2004 under the Companies Ordinance 1984. It
is driven with the vision to develop and operate world-class
industrial zones across Pakistan, dedicated to value-added
textile industries and project Pakistan as hub of quality
textiles.
With an authorized capital of Rs 2.2 billion and incorporated as
public private joint venture, Pakistan Textile City is committed
to develop and manage, the first W.T.O. and I.S.O. compliant
textile processing industrial zone at Karachi. Textile City is
spread over an area of 1250 acres of land in Eastern Industrial
Zone of Port Qasim and it is conveniently located at 6km from
National Highway.
The company has an independent Board of Directors chaired
by Mr. Dewan M. Yousuf Farooqui, Managing Director Dewan Mushtaq
Group and Syed Ali Raza, President National Bank of Pakistan
is Vice Chairman. Other shareholders represented on the board
include Local and Provincial governments as well as the Port
Qasim Authority.
Objectives
- Provide desired state-of-the-art infrastructure
- Augment production capacity of units
- Meet the challenges posed by WTO Regulations
- Boost Pakistan’s exports and foreign exchange earnings
- Facilitate import / export processes
- Provide employment opportunities
Shareholders
The shareholders of the company are:
Management
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