KARACHI: SITE Association of Industry Chairman Younus Bashir said that the government should prepare a comprehensive strategy for the textile sector to ensure that the country benefits from the grant of GSP Plus status which is very important under the current circumstances.
He stressed upon the need of self-sustainable special economic zones for the purpose of producing exportable commodities on a 24-hours basis.
“Such a zone will be very successful where a developer can develop an area, produce its own energy requirements, place effluent treatment plant and implement international labour organisation regulations and other social compliances,” said Bashir.
He hailed the decision of the European Parliament granting the status to Pakistan and said that the industrialists of SITE – one of the oldest and biggest industrial zones in the country – are overwhelmed by this decision.
“This is a success of the government that did proper lobbying at the right forum” Bashir added.
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