Pakistan Textile City is located in

Karachi Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former cap ...

Sindh Sindh (; ; ur, , ; historically romanized as Sind) is one of the four provinces of Pakistan. Located in the southeastern region of the country, Sindh is the third-largest province of Pakistan by land area and the second-largest province ...

Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...

. Pakistan Textile City is an industrial zone dedicated to the textile processing and related industry. Established in 2009, with a total area of 1250 acres, the estate is located in the Eastern Industrial Zone of

Port Qasim The Port Muhammad Bin Qasim ( ur, ''Bandar-gāh Muhammad bin Qāsim''), or Qasim Port Authority ( ur, ), also known as Port Qasim, is a deep-water seaport in Karachi, Sindh, Pakistan, on the coastline of the Arabian Sea under the administra ...

Karachi, 6 km from the National Highway. The Federal Government of Pakistan has a 40% share in the textile city whereas the

Sindh Government The Government of Sindh ( sd, حڪومت سنڌ) ( ur, ) is the provincial government of the province of Sindh, Pakistan. Its powers and structure are set out in the provisions of the 1973 Constitution, in which 30 Districts of 7 Divisions un ...

has 16% shareholding.

National Bank of Pakistan National Bank of Pakistan (NBP) () is a Pakistani government-owned multinational commercial bank which is a subsidiary of State Bank of Pakistan. It is headquartered in Karachi, Pakistan. As of September 2020, it has 1,511 branches across Pakist ...

(NBP) has 8% stake, the Export Processing Zone 4%, Saudi Pak Insurance Company 4%, National Investment Bank 4%, Pak Kuwait Investment Company 4%, Pak Qatar Investment Company 4% and PIDC 1%. Currently, the Pakistan Textile City project is on the verge of collapse, incurring huge loss to the national exchequer as the government is paying about Rs.400 million as interest on bank loans per year. Due to mismanagement and corruption the debt of textile city is exceeding Rs.2.4 billion.

Other Industrial Parks in Karachi

* Bin Qasim Industrial Zone * Federal B Industrial Area * Karachi Export Processing Zone *

Korangi Creek Industrial Park The industrial parks in Karachi have been built in Karachi, Sindh, Pakistan. The industrial parks manufacture consumer and industrial goods, creating jobs for the local population. An industrial park (also known as industrial estate, trading est ...

* Korangi Industrial Area * North Karachi Industrial Area * S.I.T.E Industrial Area * West Wharf Industrial Area

References

External links

Industrial parks in Karachi 1987 establishments in Pakistan Korangi Town Textile industry of Pakistan {{Industry-stub