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Balochistan Times
Pakistan has the potential of producing approximately 150,000MW power from wind energy sources and wind projects can fetch investment of around two billion dollars.
Pakistan-China Joint Chamber of Commerce and Indutry (PCJCCI) President S.M Naveed expressed these views during a think-tank session here at PCJCCI office on Wednesday.
He suggested the government to opt for short-term and quick start up of energy projects to curb the prevailing energy crisis that had crippled down the national economy in general and the industrial sector in particular. He added that government has planned to achieve up to 2,500 MW from wind energy and from renewable energy resources including 1000MW from solar, 50,000MW from hydro (large), 3,100MW from hydro (small) and 500MW from waste.
PCJCCI proposes textile city
December 10, 2020
LAHORE: Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has suggested establishment of Pakistan Textile City to attract local and foreign investors, a statement said on Wednesday.
The idea was floated by PCJCCI President S M Naveed during the think-tank session held at the chamber premises.
Textiles had always been serving the country as the backbone of industrial base, providing about 60 percent of foreign exchange earnings and employing around 40 percent of the workforce, he added.
Pakistan is the 8th largest exporter of textile products in Asia. This sector contributes 9.5 percent to the
GDP and provides employment to about 15 million people, ie, 30 percent of the 49 million workforce of the country.