LAHORE: Korean Worldwide Cooperation Company (KOICA) Wednesday assured All Pakistan Textile Mills Affiliation (APTMA) management to offer all technical and monetary help to the textile business of Pakistan in selling manufacture and export of non-woven cloth and technical textiles.
A 5 member delegation of KOICA visited the APTMA workplace right here and had discussions with senior APTMA administration and main textile producers on the scope of selling technical textiles. They stated that KOICA is a donor company, working intently with Nationwide Textile College (NTU) Faisalabad to advertise non-woven textile materials and technical textiles.
APTMA administration Asad Shafi, Shahzad Ahmed Sheikh, Haroon Elahi, Ismail Farid, Umair Abid and Secretary Basic APTMA Raza Baqir welcomed the delegation at APTMA Home.
On this event, Asad Shafi made an in depth presentation on textile business normally and prospects of non-woven textile business in Pakistan. He appreciated the institution of a testing laboratory by KOICA at NTU, Faisalabad within the first section of cooperation and lauded the launching of the second section aimed toward offering R&D amenities, advance testing and help to the potential traders. He hoped that this beneficiant supply from KOICA would go a protracted technique to improve Pakistan’s meagre share of 0.2 % within the $200 billion world market of technical textiles.
Asad stated presently no more than 200 manufactures, principally small and medium sized corporations based mostly in Sialkot, Gujranwala, Faisalabad, Lahore and Karachi are engaged within the manufacturing of non-woven materials at small scale. He was assured that the help of KOICA would encourage massive scale manufacturing of technical textiles in Pakistan.
Asad stated that low price of doing enterprise, dependable suppliers of commodity uncooked materials, excessive native demand of numerous merchandise, chance to amass technical know-how and good infrastructure within the nation are promising options of technical textile in Pakistan. He added that rising native demand, excessive export potential, industrial development and overseas funding supply nice alternatives within the discipline of technical textile in Pakistan.
Whereas appreciating the function of Nationwide Textile College for establishing Pak-Korea Technical Textile Centre, Asad Shafi stated the centre helps not solely the prevailing business to shift to those textiles but in addition to ascertain start-ups for the reason that emergence of extremely worth added, excessive efficiency technical textiles.
Talking on this event, Mr. Jinil Kim, head of the Korean delegation briefed the members concerning the actions and initiatives undertaken by KOICA. He knowledgeable that inspired by the success of the primary section, KOICA is severely contemplating launching the second section in collaboration with NTU, Faisalabad.
Kim continued that the following section of the undertaking would make sure the institution and development of the technical textiles business in Pakistan and supply help to the enterprise start-ups in technical sectors and facilitate home and export market improvement for technical textiles.
Kim added that the second section would principally cowl Analysis & Growth, subtle testing laboratory, market entry, technical know-how, capability constructing, state-of-the-art testing gear, consultancy providers and improvement of worldwide linkages.
Senior chief APTMA Haroon Elahi, offered a vote of because of the visiting delegation on the finish of the assembly. He hoped that the cooperation and help by the Korean authorities would give a fillip to the native nascent technical textile business and grossly contribute to upsurge Pakistan’s share within the world technical textiles market.