The Faisalabad garment city will provide a minimum of 1,44,000 garments a day in 310 working days a year, with an export value of $180 million per annum. “These are minimum figures of production, value addition and price”, the ministry maintained.
The textiles city's pay back period will be 10 years and seven months. The financial feasibility of the project has been carried out.
More importantly, the city will contribute towards social uplift of the area and that an institutional infrastructure will be available in the shape of 'garment city management and administration', which will provide high quality training and testing facilities to the manufacturers.
About 9,000 new jobs will be created directly, and indirectly about 20,000 people will earn their living from the project. A large number of workers employed in these factories will be women.
The factories will only be used as stitching units for garments. There will be no dyeing or chemical processes involved, and therefore, there would be no effluents from the operations.
The textile sector is the largest foreign exchange earner and its contribution to exports ranges between 65-68 per cent of the total merchandise exports.
The garment city is a textile manufacture project and factory space will be constructed by the government and made available to manufactures of value-added garments.
Being the fourth largest producers of cotton in the world, Pakistanhas to utilise its cotton resources to the maximum by producing knitted and woven garments that can be exported world wide at competitive price.
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