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US investors invited to set up textile mills in Pakistan
(Updated at 1630 PST)
NEW YORK: Prime Minister, Shaukat Aziz has invited American industrialists to set up textile mills in Pakistan.
In a meeting here with the US importers of textile products, Prime Minister, Shaukat Aziz told that Pakistan was the 4th largest cotton producing country of the world and as such, a huge possibility of investment in textile sector existed, which might be availed of by the US industrialists also.
He advised US entrepreneurs to plan for setting up textile mills in Pakistan. Prime minister said that $5 billion have already been invested in textile sector during the past five years.
He expressed the hope that Pakistan’s exports during current fiscal year would reach $17 billion.