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CHINA TO SET UP "SILK PARK" IN PAKISTAN.
LAHORE, Dec 3 Asia Pulse - China is planning to set up a 'silk park' in Pakistan for the printing of plain silk cloth and its conversion into garments.
"The Chinese who will export the plain silk cloth as raw material to the industrial units being set up in the proposed park, have asked us for identification of the area for this purpose," Federal Commerce Minister Abdul Razzak Dawood told a press conference in Lahore on Saturday.
Giving details of the outcome of his recent visit to the People's Republic of China, he said that a Chinese delegation would soon visit Pakistan to discuss further details of the project.
He said any of the cities like Karachi or Faisalabad might be chosen for the development of this facility.
The Chinese had also agreed on greater cooperation in the field of textiles, and the option of having joint ventures with Chinese firms could ...
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Source: HighBeam Research, CHINA TO SET UP "SILK PARK" IN PAKISTAN.