Pakistan Advances Textile Parks Initiative to Boost Exports

Islamabad: In a concerted effort to propel Pakistan’s export-led industrialization, Deputy Prime Minister and Foreign Minister Ishaq Dar convened a high-level meeting to accelerate the progress of establishing textile parks across the country. This initiative, directed by the Prime Minister, aims to stimulate economic growth and create job opportunities through strategic partnerships with both international and domestic investors.

According to a statement by Press Information Department, the meeting, held at the Ministry of Foreign Affairs, included key representatives from various sectors. The Working Group for the Establishment of Textile Parks, formed in September 2024, features members from the Board of Investment, Ministry of Industries and Production, Ministry of Commerce, among others. Provincial Coordination Committees from Punjab and Sindh, as well as the Embassy of Pakistan in Beijing, also participated, highlighting the collaborative approach to this national initiative.

The focus of the meeting was on developing state-of-the-art textile parks and upgrading existing Special Economic Zones into “plug-and-play” facilities. This transformation is intended to attract immediate industrial investments, thereby boosting exports and supporting the government’s vision for sustainable economic growth.

The Chair of the meeting urged stakeholders to expedite the formulation of actionable plans, address procedural challenges, and ensure alignment with national export enhancement goals. The initiative underscores Pakistan’s commitment to leveraging industrial partnerships to drive economic development.

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