Dr Salman Shah said that the textile industry was the key industry of Punjab having value added clusters in Lahore, Faisalabad and Multan, which were contributing a lot in the economic development. He said, like federal government, the provincial government was also ready to provide the necessary incentives to the Textile industry to enhance its competitiveness in the world market and increase country's exports.
President E-Commerce Gateway Pakistan Dr Khursheed Nizam briefing objectives of the exhibition said that the main purpose of holding Textile Asia as a regular annual feature is to keep the local industry abreast with the international development and trends to be emerged in the world textile market.
Moreover, the exhibition would lead the way in delivering the most exquisite opportunities for all participants in different sectors like; buying selling potential of textile & garment machinery, clothing textiles accessories, textile raw material supplies, textile dyes chemicals, embroidery machines, power & air compressors for textile industry and textile allied services, he added.
PCJCCI Senior Vice President Ahmad Hasnain urged the provincial government to patronize the business community to meet the current challenges to be faced by the country. He said that the business community was ready work hands in gloves with the government for economic prosperity of the country.
He said that Lahore had emerged as a focal point for investment by the foreign investors, especially the Chinese companies entering into the joint ventures under the framework of CPEC. This is the time when the Punjab government can enable the province to play leading role in economic development of the country by enhancing the facilitation by cutting down the unnecessary regulatory procedures, he said.
PCJCCI Senior Member Daud Ahmed also spoke on the occasion and said the PCJCCI team will manage B2B meetings during the event. As many as 550 international brands took part in the exhibition while 450 delegates from different countries including China, France, Austria, Czech Republic, Germany, Italy, Korea, Japan, Turkey, UK and USA. The event was jointly organized by Pak-China Joint Chamber of Commerce and Industry (PCJCCI) and the Ecommerce Gateway, he said.