Textile Production In Pakistan Is Constrained By Shortage Of Energy Supply.

< p > > a > Pakistan < /a > clothing manufacturers and Exporters Association (PRGMEA) recently appealed that Punjab textile industry should have a fair competition environment and adequate energy supply guarantee, so as to produce high value-added textile products, like other provinces textile industry. < /p >
Jawwad Chaudhry, vice-president of P PRGMEA, said that because of the natural gas suspension in 5 days in a week, Punjab's textile industry is less competitive than other textile industries with abundant energy supply. At present, the shortage of natural gas, the higher electricity price and the delayed issuance of sales tax rebates have led to the rising production costs, which has weakened the competitiveness of Punjab's textile industry. He hoped that the government could guarantee the energy supply of Punjab and issue the sales tax refund tax as soon as possible, so as to create a fair competition environment for the textile industry of the province. < /p >
< p > PRGMEA is the leading trade organization of the garment industry in Pakistan, which mainly provides consultation and service for garment manufacturers and exporters. In recent days, in addition to PRGMEA, the Pakistan Textile Mills Association (APTMA) and the Pakistan Textile Exporters Association (PTEA) have urged the government to solve the energy crisis in the industry as soon as possible. < /p >
< p > > a > < /a > link: South Korea intends to set up a fund to help Sino Korean enterprise cooperation. < /p >
(P) the Korean trade and Investment Promotion Agency (KOTRA), which is operated and funded by the Korean government, has announced that it will set up a fashion fund to promote cooperation between Chinese and Korean garment enterprises. < /p >
Han Jiyuan, Commissioner of foreign investment promotion department (P > KOTRA), said that the clothes labeled "made in South Korea" sold well in the global market. In fact, some of the Korean garment enterprises are engaged in production and processing in China and Vietnam. < /p >
The investment target of the P fashion fund is the small and medium-sized enterprises in China and Korea. The fund will provide professional support for Korean designers and Chinese garment factories to enhance their production and design capabilities. Products developed through the fund will be advertised as "Korea and China Co manufacture". < /p >
< p > > a > < /a > > the fund has been preparing for nearly half a year. At present, KOTRA has received positive feedback from the Chinese industry. Over the past two years, some Chinese companies have become the largest shareholder of Korean companies, while others have merged Korean fashion companies. For example, in 2012, China's private equity fund Unitas Capital invested about 180 billion won in the Korean outdoor clothing brand Nepa; in 2013, Korea Internet company Suhyan merged into Li Feng Group. < /p >