PAC expresses anger over rolling back of Textile City Project.
The Public Accounts Committee (PAC) while expressing serious anger over rolling back of Textile City Project in Karachi has directed the Secretary Textile to provide all details of the project to the committee at the next meeting.
The PAC meeting which was held recently at the Parliament House under the Chairmanship of Leader of the Opposition in the National Assembly Syed Khursheed Ahmed Shah reviewed audit reports of the Ministries of Textile, Human Rights, Information Technology and Housing for the years 2009-10 and 2013-14.
The Secretary Textile informed that the government has rolled back the Textile City Project designed in 2004 in Karachi owing to gas shortage and other energy-related issues.
The Secretary stated that the Textile City was planned to compete in the global market to comply with standards of the World Trade Organisation but due to power shortage and gas supply issues we could not make it functional, but we spent Rs 3 billion on the project during the past 13 years.
The chairman PAC asked the officials of Ministry of Textile Industry to explain the reasons for the decision of winding up of Textile City in Karachi. He said he would request the Federal government not to wind up the project till the PAC gets a complete briefing on the issue. The Chairman committee said that Rs 3 billion from national kitty have already been spent and the government will not be allowed to roll back this project.
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|Title Annotation:||Public Accounts Committee|
|Publication:||Pakistan Textile Journal|
|Article Type:||Brief article|
|Date:||Mar 31, 2017|
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