FAISALABAD – Production organisations like Interloop Limited Faisalabad are undoubtedly playing a vital role in the progress and prosperity of Pakistan, said Australia’s High Commissioner Timothy George Spencer during his visit to Interloop Spinning & Hosiery Division, Khurrianwala, and Faisalabad along with his delegation.
He visited all the departments, including high tech spinning unit, effluent treatment plant, knitting, and dye house & finishing. Chief Operating Officer (COO) of the company, Navid Fazil, welcomed the guests and briefed them on the company’s contribution to the national economy in terms of exports.
Australia’s high commissioner praised the company’s products, operations, high quality standards, state-of-the-art equipment and expertise which, according to him, was “outstandingly contributing and competing with the global market in the sphere of hosiery products.
Interloop spokesman Col (retired) Ejaz Nasir said as the world economy was changing faster and faster, they had to reorganise their priorities in line with the new challenges. “Every challenge brings a new opportunity,” he said. The Australian envoy was told that the company, apart from its tremendous philanthropists’ activities in the field of education, had set up a model village in Muzaffargarh for the rehabilitation of the flood victims.
The project financed by Interloop featured 90 houses that would be donated to 90 families of the flood victims after completion. Later, the Australian higher commissioner visited the University of Agriculture Faisalabad (UAF) and pledged his support and cooperation with the university in research and education. “We will expedite the work on various ongoing projects, including citrus, mangoes, dairy and water management,” he said.
Institute of Horticulture Director Prof Aman Ullah Malik received the high commissioner and briefed him on the progress of research work. During the visit, he toured around the Institute of horticulture sciences, citrus nursery, a post-harvest lab and other research facilities.
Before returning to Islamabad, the Australian high commissioner visited Faisalabad Chamber of Commerce and Industry (FCCI) at Canal Road and addressed the members. He reiterated his commitment to activate Australia-Pakistan Business Forum (APBF) that had been set up to strengthen trade and commerce between the two countries.
He announced that APBF website would be launched next month that will provide a treasure of valuable information to the business community. He promised to ease the business visa formalities to promote investment and trade. The high commissioner announced that they had chosen Faisalabad for their upcoming seminar on ‘Investment Opportunities in Australia’ to be hosted by APBF.
The other speakers on the occasion included FCCI Ad-hoc Management Committee Chairman Naseer Ahmed, ex-FCCI chairmen, Javed Iqbal and Sheikh Abdul Qayyum.
