INVEST IN PAKISTAN TO EXPAND YOUR BUSINESS.DEAR SIR, PAKISTAN HAS VERY BEST COUNTRY TO INVEST IN ENERGY,MINING AND OTHER SECTORS,IF YOUR COMPANY REALLY WANT TO EXPAND THEIR BUSINESS, I WILL OFFER MY SELF TO EXPAND YOUR BUSINESS IN ABOVE THOSE SECTORS , INVEST IN PAKISTAN TO MAKE ASIAN TIGER THEN VISIT TO BELO SITES .THERE ARE SO MANY SECTORS TO INVEST ,AND GOVERNMENT GIVE INCENTIVES IN ALL SECTORS ESPECIALLY ENERGY SECTORS LIKE WIND POWER,SOLAR ENERGY,COAL. sbi.gos.pk/ Sindh possesses considerable potential (50,000 MW) of electricity generation through wind energy in southern Sindh. The Gharo - Jhimpir wind corridor is 60 kms wide and 180 kms long with monthly average wind speeds exceeding 7-8 meters per second. sbi.gos.pk/wind_energy.php NUCLEAR scientist Dr Samar Mubarakmand has said that four more wells of the Thar coal project had been set on fire and as a result gas production from these would begin from next week. A flame would be lit from gas as emissions begin from these wells towards the end of May. According to Dr Samar Mubarakmand, through the Thar coal project electricity would be generated at Rs4 per unit while the rental furnace oil plants cost Rs20 per unit on … average. He further said that 10,000MW of electricity could be generated daily through Thar coal reserves. A number of foreign companies, including those of China, had expressed interest to invest in the … project. In response to the assertion of a Planning Commission member that the venture was unfeasible, Dr Samar said that the … project was making progress ‘successfully’. From the Thar coal reserves, 10,000MW … [could] be generated for 30 years if the government continued financial assistance. Planning Commission member Shahid Sattar should desist from becoming more loyal than the king. According to Dr Samar, Shahid Sattar has neither visited the Thar coal project nor [does he have] any knowledge about it. He has been labelling a project of national interest unfeasible…. One should be very careful while commenting on such matters. Putting hurdles in the execution of the Thar coal project by stopping timely release of funds and … declaring it unfeasible seems to be part of the strategy of the powerful oil lobby that has become active to bulldoze this project…. The government should accept … Dr Samar’s [offer] and ensure the required funds … but the rulers seem least interested in providing relief to the nation. In the wake of the … energy crisis, the government should have curtailed its expenditures on non-development activities [as well as] foreign tours and diverted the funds thus saved towards the Thar coal project … — (May 17)x.dawn/2012/05/19/thar-coal-project/ ISLAMABAD: Prime Minister Raja Pervaiz Ashraf on Tuesday hailed the agreement between Bahria Town and a US investment group as a landmark event which would encourage investors to make investment in the country. Talking to Bahria Town former Chairman Malik Riaz and US investment group chief Thomas Kramer at the PM House, the prime minister observed that there was a consensus in the country on pursuing a liberal economic policy. “The Pakistan People’s Party’s (PPP) government has been pursuing an investment-friendly policy so that investors are given comfort of security of capital and a decent return,” he added. The premier said that this investment is a testimony to the successful policies pursued by the government. He said that a huge foreign investment has been made directly in the private sector which is a trend-setting and path-breaking phenomenon. He expressed the hope that this agreement would herald a new era and accelerate the pace of progress and development in the country. Malik Riaz thanked the prime minister and said that Bahria Town and the US investment group have signed a Memorandum of Understanding (MoU) for $15-20 billion investment in Pakistan. He said that the Bodha Island City project comprising, Net City, Education City, Health City, Port City and other infrastructure projects would have the world’s most modern shopping mall. News Desk adds: Sindh Governor Dr Ishratul Ebad said on Tuesday that the Safe City Project of Bahria Town would prove a milestone on the road to economic development and earn the country a name in the comity of nations. “The project will create tens of thousands of employment opportunities and prove to be a commercial hub in the region,” he said in a meeting at the Governor’s House. “There will be foolproof security for the project,” the governor said, adding that the project would be pursued in collaboration with Bahria Town and would help highlight the cultural heritage of the country.He said the tall buildings to be built on the Bundal Island off the Karachi coast would create the image of a modern Pakistan. “In spite of various challenges, Karachi generates 70 percent of the country’s revenue. The government’s efforts are aimed at coordinating the security system of the metropolis so that its capacity could be utilised for the benefit of the people of the region.”The governor said that the Safe City Project would be expanded from 1,600 acres to 20,000 acres.He stated that the Bundal Island off and its adjoining islands would also be developed, and for connecting the Bundal Island with DHA, a two-kilometre bridge would be constructed.At the meeting, Bahria Town was represented by Hamid Ilyas and Ahmed Hayat. They apprised the governor of the details of the project.The meeting was also attended by former minister for ports and shipping Babar Khan Ghauri and US investors Thomas Kemer and Arnold. thenews.pk/Todays-News-2-165074-PM-hails-agreement-between-Bahria-Town-US-group
Posted on: Sat, 10 Aug 2013 16:29:54 +0000
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