Thirty textile mills shut down in Karachi - Printable Version +- Pakistan Real Estate Times - Pakistan Property News (https://www.pakrealestatetimes.com) +-- Forum: Pakistan Real Estate / Property News (/forumdisplay.php?fid=1) +--- Forum: Latest Pakistan Property & Economic News (/forumdisplay.php?fid=4) +--- Thread: Thirty textile mills shut down in Karachi (/showthread.php?tid=78)

Thirty textile mills shut down in Karachi - LRE - 06-09-2008 07:50 PM Thirty textile mills shut down in Karachi Updated at: 2231 PST, Saturday, June 07, 2008 KARACHI: As many as 30 textile mills in the different industrial areas of Karachi have shut down completely. Twenty mills wound up in SITE area while 10 in North Karachi industrial area because of rise in cost of production, higher utilities cost besides law and order situation and political uncertainties in the country Another reason is the ever-increasing rate of interest, said the owners of these mills. http://www.geo.tv/6-7-2008/19042.htm