LA­HORE

The Pak Banker - - NATIONAL -

Punjab In­dus­trial Es­tates De­vel­op­ment & Man­age­ment Com­pany (PIEDMC) Chair­man S M Tan­veer has said that a con­tract has been signed with M/s China Textile Net­work Co. Ltd. (CNTEX) for master plan­ning, de­tailed de­sign­ing of in­fra­struc­ture works, power plant, grid sta­tions and Com­bined Ef­flu­ent Treat­ment Plant (CETP) for es­tab­lish­ment of the Quaid-eAzam Ap­parel Park (QAAP) on the M-2 Mo­tor­way near Sheikhupura.

He in­formed that the PIEDMC BoD had ap­proved the CNTEX-China as a con­sul­tant for the ap­parel park.

Chair­man ex­plained that PIEDMC was ac­tively pur­su­ing the dream of the Punjab Chief Min­is­ter Muham­mad Shah­baz Sharif of turn­ing it into the most mod­ern pro­ject of its kind in South Asia. He fur­ther ex­plained that this pro­ject would pro­vide all nec­es­sary fa­cil­i­ties to textile and gar­ments sec­tor un­der one-roof. The pro­ject will gen­er­ate thou­sands of job op­por­tu­ni­ties as well as in­crease ex­ports, re­sult­ing in strength­en­ing of na­tional econ­omy, he added.

The CNTEX-China is lead­ing multi­na­tional com­pany and spe­cial­ized in ap­parel and textile in­dus­try and renowned world­wide.

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