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Currently, the
Pakistan Textile City project is on the verge of collapse, incurring huge loss to the national exchequer as the government is paying about Rs.400 million as interest on bank loans per year. Due to mismanagement and corruption the debt of textile city is exceeding Rs.2.4 billion.
135:, is an industrial zone dedicated to textile processing and related industries. Established in 2009, it spans 1,250 acres, and is strategically located within the North Western Industrial Zone of
158:(NBP) has 8% stake, the Export Processing Zone 4%, Saudi Pak Insurance Company 4%, National Investment Bank 4%, Pak Kuwait Investment Company 4%, Pak Qatar Investment Company 4% and
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310:"NA BODY FOR REVIVAL OF PAKISTAN TEXTILE CITY PROJECT, KARACHI"
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150:has a 40% share in the textile city whereas the
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