Minister Jam Kamal Boosts Textile Industry Growth

Web DeskMay 29, 2024 04:38 PMbusiness
  • Government's commitment to economic stability and export facilitation
  • Focus on resolving energy challenges to lower electricity and gas tariffs
  • Collaboration with industrialists to create a favorable environment for growth
Minister Jam Kamal Boosts Textile Industry GrowthImage Credits: The Scoop
Federal Commerce Minister Jam Kamal emphasizes government's support for textile industry growth and economic stability through export facilitation and resolving energy challenges.

During a recent visit to APTMA House in Lahore, Federal Commerce Minister Jam Kamal highlighted the importance of implementing a comprehensive strategy to tackle economic challenges and enhance export facilitation for the textile industry. The minister assured industrialists, including notable figures like former caretaker federal minister Gohar Ejaz and APTMA officials, of the government's commitment to improving the economic landscape and providing necessary support.

Minister Jam Kamal emphasized the dedication of the Prime Minister towards steering the country towards economic stability. He pledged to promptly address industrialists' issues and encouraged them to focus on increasing exports with government support. Recognizing the textile industry's significant role in employment generation, he underscored the potential for reducing unemployment and poverty through industry growth.

The government's agenda includes initiatives to enhance governance, combat inflation, reform the FBR, address energy shortages, and optimize power distribution. Minister Jam Kamal stressed the priority of resolving energy challenges to lower electricity and gas tariffs. He also praised Gohar Ejaz's economic contributions and confirmed the Prime Minister's oversight of the National Export Development Board to address concerns raised by industrialists.

Efforts are currently underway to improve the prospects of the textile industry, with a positive outlook for the future. Minister Jam Kamal reiterated the government's dedication to advancing economic interests and creating a conducive environment for industrial growth.

Minister Jam Kamal's visit to APTMA House in Lahore underscored the government's commitment to supporting the textile industry and boosting economic growth. With a focus on addressing challenges and enhancing export facilitation, the government aims to create a favorable environment for industrial growth and job creation. The minister's assurance of prompt resolution of issues and emphasis on collaboration with industrialists signal a positive direction for the industry's future.

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