National
March 11, 2021
FAISALABAD: Wasa Managing Director Jabbar Anwar Chaudhry Wednesday said mega projects worth Rs 55 billion were underway to provide clean drinking water and sewerage facilities to citizens of Faisalabad.
Addressing a function organized by All Pakistan Textile Processing Mills Association and Faisalabad Chamber of Commerce in honour of Wasa officers, the Wasa MD said all these projects would be completed in three years and the state of the city would be changed.
He said industrial community is the pride of the city and their problems will be addressed on a priority basis.
He said a 44 million gallon wastewater treatment plant worth Rs 19 billion with the support of the Danish government, a French water supply project worth Rs 16 billion Phase II to provide 30 million gallons of drinking water daily would be established.
Data released by the Pakistan Bureau of Statistics (PBS) on December 18 shows that Pakistan’s textile and clothing exports grew by 4.88 per cent year-on-year to $ 6.04 billion between July to November this financial year compared to $ 5.76 billion in the same period last financial year. This means that Pakistan s textile production and exports have largely recovered from the COVID-19 pandemic shock and are back on growth trajectory both in terms of the quantity and dollar value.
The Pakistani government has recently announced a lucrative energy package to help textile industry recuperate from the COVID-19 shock. The package does away with peak electricity rates, offers reduced tariffs on additional power consumption, and fixes power price at $ 0.07 a unit and gas tariff at $ 0.065 per MMBtu.
Motiwala new BMG chairman
December 13, 2020
KARACHI: The Supreme Council of Businessmen Group (BMG) unanimously resolved to give the responsibility of BMG Chairmanship to Zubair Motiwala, a statement said on Saturday.
The consensus was reached at a BMG Supreme Council’s meeting, which was presided over by BMG Vice Chairman Tahir Khaliq and attended by BMG vice chairmen Zubair Motiwala, Haroon Farooki, Anjum Nisar and General Secretary A Q Khalil, it added.
Motiwala has been Sindh Board of Investment chairman, adviser to Sindh chief minister and chairman / member Advisory Board/ member Board of Directors at a host of private and public sector institutions.