Home breadcru News breadcru Policy breadcru Pak PM urged to declare Sialkot 'value-added city'

Pak PM urged to declare Sialkot 'value-added city'

08 Dec '20
1 min read
Pic: Shutterstock
Pic: Shutterstock

The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) recently urged Prime Minister Imran Khan to declare Sialkot as a value-added city, as it is a hub of small and medium enterprises (SMEs), contributing $2.5 billion foreign exchange by adding a multi-fold value addition in garments, sports goods, surgical goods, musical devices, cutlery, leather garments, gloves, handmade badges and military uniforms.

Sialkot is the only city in Asia where its business community has built its airport and now it is going to launch a private airline-‘Airsial’, which will help spur export growth from this city.

PRGMEA central chairman Sohail Sheik and chief coordinator Ijaz Khokhar also requested the prime minister to announce a ‘garment city’ for Sialkot in line with the garment cities of Karachi, Faisalabad and Lahore, according to Pakistani media reports.

Sialkot, after the establishment of garment city, can raise garment export three-fold to $1.5 billion from the current figure of $530 million, they asserted.

ALCHEMPro News Desk (DS)

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