Industry failed to create a single job after 2008

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LAHORE - The industry, which is presently generating 15 million jobs to produce $12 billion exports, has failed to create a single job during last five years for the first time in 65 years history of the country due to inefficiency of the government. This was stated by APTMA former chairman Gohar Ejaz, while talking to a group of the US-based journalists here. A group of US Journalists under the Pakistan-US Journalists Exchange programme in collaboration with PILDAT visited All Pakistan Textile Mills Association (APTMA) office Saturday. Central Chairman APTMA Ahsan Bashir, Group Leader APTMA Gohar Ejaz, Vice Chairman APTMA Wisal Monnoo and Convener of International Trade Committee Amir Fayyaz made detailed presentation on textile industry of Pakistan. Dr Shabbir Cheema, Senior Programme, Expert Senior Fellow, Governance and Security, East-West Centre Research Programme, Ms Ann Hartman, Coordinator and PILDAT representative Jawdat Bilal led the delegation.

Gohar Ejaz said the industry has capacity of hiring another 15 million jobs with the level of capacity installed to manufacture export goods. The edge of zero rating facility to the competitors is making industry incapacitated, putting the industry into odd situation due to the prevailing disadvantages. The industry has installed capacity of $22 billion exports but some $10 billion capacity is not in use due to energy crisis and market access issues, he added.

Chairman APTMA Ahsan Bashir said the APTMA is a premier association in Pakistan and playing leading role in policy making of the government. The textile industry has 46pc share in manufacturing sector of Pakistan, absorbing 38pc labour force of the country. The industry is generating 4000MW through Captive Power Plants (CPPs) to meet energy needs.

Convener International Trade Committee Amir Fayyaz said the industry has lost $10 billion during last five years due to war against terrorism and negative mindset of international community towards Pakistan. He said the industry has a challenge as how to break this mindset and win the confidence of the world markets. The APTMA has decided to hold road shows in leading international markets where top notches from retailing world will be invited to speak. The industry issues can be handled through job creation, as the industry has quality production despite the prevailing risk perception.

The visiting delegation also raised valuable questions to understand the trade issues with the US.

Courtesy: The Nation


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