Textile sector: Delay in competitive energy prices harms exports

LAHORE: The prevailing uncertainty owing to the delay in issuance of a notification for a regionally competitive energy price by the government has impacted the growth in exports, production and investment, said All Pakistan Textile Mills Association (Aptma) Punjab Chairman Adil Bashir on Monday.

He said the government had announced in a meeting of the Economic Coordination Committee (ECC) on September 27 to provide energy supply to the Punjab-based exporting industry, both for captive and processing use, at regionally competitive price to make it viable and revive the closed capacity… read more

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