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Pakistan: Govt Has Taken Various Steps to Promote Trade, Industry
Source: brecorder.com
Source Date: Sunday, January 27, 2013
Country: Pakistan
Created: Jan 29, 2013

KARACHI: Sindh Chief Minister, Syed Qaim Ali Shah, has said that the present government has taken various measures to promote trade and industry sectors in the larger interest of the country.

The Chief Minister who attended the reception of Federation of Chambers of Commerce and Industries (FPCCI) at the Federation House here highlighted the role of the traders, businessmen and industrialists in spurring the country's economy.

He pointed out that the main problem faced by the people and the traders and industrialists was the shortage of energy and added that this problem is an old one.

The Chief Minister recalled that the last PPP government under the leadership of Shaheed Mohtarma Benazir Bhutto had announced a package of Rs 192 billion for Karachi to cope with energy problem by establishing a power generation project at Keti Bander.

Syed Qaim Ali Shah said that recently in a meeting of council of common interests (CCI), it was admitted that our country should depend on coal to the optimum and power be generated accordingly.

He was of the view that our coal is of high quality like the German standard and added that coal is also being used in India to generate power.

The Chief Minister said that development lies in uninterrupted flow of energy and added that initiatives have been taken to generate power through wind energy. The wind corridor near Dhabaji is suitable for generating 50,000 MW of power, he said.

He pointed out that recently Fauji Foundation has started to generate 50 MW power through Wind Energy and now Turkish firms have expressed their willingness to generate power through Wind Energy.

Qaim Ali Shah said that our shortage is of 4,500 MW and in case full attention is given to Wind Energy project we can easily meet the need.

With regard to public and private partnership projects, he said that Sindh is the first province of Pakistan which has completed Hyderabad-Mirpurkhas dual carriage way within 3-years at a cost of $600 million through a Korean firm.

Chief Minister added that under the same policy, the Korean firm has undertaken construction work of 80 Km road from Hyderabad to Tando Muhammad Khan to Badin, while work is going on at Thar Coal Power project.
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