China to invest in 1 million spindles project in SEZs-CHTC
BUSINESS

China to invest in 1 million spindles project in SEZs-CHTC

KARACHI – To congratulate the newly elected office bearers and leadership of UBG, a dinner reception hosted by Maqsood Ahmad Naz Deputy Convener Central Committee of FPCCI on Textile and Managing Director Olympia (Private) Limited.

The reception was attended by Acting President FPCCI, Dr. Mirza Ikhtiar Baig, Patron in Chief UBGS.M. Muneer, Vice Presidents FPCCI, Former President Zubair Tufail, Former SVP  Khalid Tawab,  Former Vice President FPCCI Mirza Ishtiaq Baig and Hon. Consul General for Morocco, Abdul Sami Khan, Anwar Qureshi and visiting delegates from China, headed by Vice President, CHTC Wu Xiu Hua Christina from IMCOTEX Italy, delegates from Turkey and large number of prominent businessmen.

Acting President, Dr. Mirza Ikhtiar Baig, on behalf of FPCCI and Business Community of Pakistan assured their full support to government in this crucial junction of time and said that the nation is proud of our Armed Forces on their retaliation against the Indian aggression. Vice President, CHTC Wu Xiu Hua accompanied with 17 members Chinese delegation highlighted relocation of industries from China to Pakistan and announced to invest in 1 million spindles projects in SEZ’s under CPEC. S.M Muneer highlighted challenges business community is confronted with and urged government for their remedial measures. The host Maqsood Ahmad Naz highlighted the potential of textile sector of Pakistan and congratulated the organizer of IGATEX presenting world renowned suppliers of textile machinery which will be instrumental for the revival of our textile sector.

Mirza Ishtiaq Baig congratulated UBG leadership of their victory consecutively for the fifth year expressing confidence of the business community. He hoped that the new team will do very best to achieve the desired goals. Zubair Tufail and Khalid Tawab also highlighted the performance of the new team of FPCCI.