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CPEC WILL PLAY AN IMPORTANT ROLE IN ELIMINATING TERRORISM, EXTREMISM AND POVERTY FROM THE REGION: SHEHBAZ SHARIF -Fnni.org

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CPEC WILL PLAY AN IMPORTANT ROLE IN ELIMINATING TERRORISM, EXTREMISM AND POVERTY FROM THE REGION: SHEHBAZ SHARIF -Fnni.orgcm-punjab

LAHORE ( FNNI ) Punjab Chief Minister Muhammad Shehbaz Sharif has said that China Pakistan Economic Corridor is a splendid project of progress and prosperity and Pakistan as well as the entire region will benefit from CPEC. He said that CPEC is a game changer and its completion will usher in an era of progress and development. He said that development projects are being executed speedily throughout Pakistan under CPEC. Shehbaz Sharif said that China is making a historic investment of 46 billion dollars in Pakistan. He said that Chinese investment will not be limited to 46 billion dollars but more investment of thousands of dollars will be made. He said that CPEC has opened the doors for foreign investment in Pakistan. He said that large-scale job opportunities are being created for Pakistani youth due to Chinese investment of billions of dollars in Pakistan. He said that CPEC will play an important role in elimination of terrorism, extremism and poverty from the region.

                        The Chief Minister expressed these views while talking to a delegation of Muslim League-N, here today. He said that a new era of Pak-China friendship has started with the implementation of CPEC. He said that investment of 46 billion dollars reflect the confidence of China in the leadership and policies of Prime Minister Muhammad Nawaz Sharif. He said that work is in progress speedily besides a high standard is being ensured of CPEC projects throughout the country. He said that quality and transparency are the hallmark of these projects and the world is amazed at the speed of implementation of CPEC projects. He further said that Pak-China economic cooperation will leave a positive impact on the entire region. He said that opposition to CPEC projects tantamount to enmity to the country. He said that some rejected elements want to hamper the process of national development and prosperity of the masses but enlightened people of the country will not allow them to do so and CPEC projects will be implemented expeditiously at any cost. He said that under CPEC, investment of 36 billion dollars is being made in energy projects, which are being set up in Sindh, Khyber Pakhtunkhawa as well as all over the country. He said that completion of power projects will eliminate energy crisis and electricity will be available in abundance till the end of 2017. The Chief Minister said that China, which is friendly country of Pakistan, realizes its problems and made investment of billions of dollars in power projects. He said that speed at which work is being carried on power projects is unprecedented. He said that Sahiwal coal power plant is being completed within a record period of 23 months whereas it usually takes four to five years to complete such projects. He said that Sahiwal coal power plant will prove to be a masterpiece of Pak-China friendship and will start power production by the mid of next year. He said that Allah has granted an opportunity for progress and prosperity of Pakistan in the shape of CPEC and there is a need to make collective efforts to change the destiny of Pakistan and this region.

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CM FELICITATES PAKISTANI CRICKET TEAM-Fnni.org

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CM FELICITATES PAKISTANI CRICKET TEAM-Fnni.orgpakistan-team-fnni-org

LAHORE ( FNNI ) Punjab Chief Minister Muhammad Shehbaz Sharif has felicitated Pakistani cricket team on winning the second one-day match and the series against West Indies. In a message of felicitation, the Chief Minister said that Babar Azam played an important role in the victory in the second one-day match and deserve credit for his second consecutive century. He said that Pakistani players displayed outstanding performance in the match and proved that hard work, determination and commitment are essential for success. The Chief Minister expressed the hope that Pakistan will qualify for the World Cup by winning the third match against West Indies as well.

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Industrialists threaten to suspend production activities if uninterrupted power supply was not restored to industry-Fnni.org

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Industrialists threaten to suspend production activities if uninterrupted power supply was not restored to industry – Fnni.orgicci-welcomes-fnni-org

Islamabad ( FNNI ) The local industrialists in an emergency called meeting at Islamabad Chamber of Commerce and Industry has called upon the government to ensure within 24 hours at least 8-12 hours uninterrupted power supply daily to industry as it was not possible to continue production activities due to the frequent unscheduled power shutdowns.

They said currently, power supply was suspended after every hour for one hour duration and in such alternate power supply shutdown, it was not possible to continue manufacturing activities as frequent loadshedding was developing faults in industrial machinery and badly affecting the production activities.

Addressing the meeting, Khalid Iqbal Malik, President, Islamabad Chamber of Commerce and Industry said that power crisis has been created perhaps due to non-payment of dues to private power producers and stressed that government should immediately clear their outstanding dues to improve the power production in the country.

He said industry played vital role in the economic development and generating tax revenue for the country, but it was unfortunate that government was not paying priority attention to address its problems. He stressed that government should immediately arrange uninterrupted power supply to industry for 8-12 hours to normalize industrial activities, otherwise, the local industry would be compelled to shut down its production activities that would send a negative message to new investors, render hundreds of workers jobless and reduce tax revenue for the government.

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Turkish delegation visits ICCI to explore business collaborations- Fnni.org

Turkish delegation visits ICCI to explore business collaborations- Fnni.org

Islamabad (FNNI ) A delegation of MUSIAD visited Islamabad Chamber of Commerce and Industry led by Vice Chairman for Fair, Forum and Organization Commission Omur Yildiz and discussed possibilities for further enhancing business collaborations between the private sectors of Turkey and Pakistan. MUSIAD is an independent association of Turkish industrialists and businessmen that represents 46000 enterprises with 11,000 members in Turkey and abroad.

Omur Yildiz said MUSIAD was organizing its 16th Expo at Istanbul, Turkey from 9-12 November 2016 and invited Pakistani businessmen to participate in this important event to enhance their business prospects. He said over 400 national and more than 250 international companies will participate in the Expo while over 100,000 visitors were anticipated to attend the event. He said the Expo would offer good platform to Pakistani business community for trade cooperation and global partnerships with businessmen and investors of Turkey and other countries.

In his welcome address, Khalid Iqbal Malik, President, Islamabad Chamber of Commerce and Industry said that Pakistan and Turkey enjoyed very cordial relations since long and stressed that these good relations should be transformed into strong business partnerships for the mutual benefit of both countries. He said the potential for economic cooperation between Pakistan and Turkey has not been fully exploited as yet because the bilateral trade of less than US$ 1 billion was far less than their real potential. He emphasized that both countries should focus on frequent exchange of trade delegations and organize single country exhibitions to improve two-way trade.

He said CPEC offered huge investment opportunities and Turkish investors should focus on energy, infrastructure development, construction, information technology, food processing, agro-based products, dairy development, furniture & hotel industry, tourism and resorts development sectors in Pakistan for joint ventures and investment. He assured that ICCI delegation will try to participate in the MUSIAD Expo 16 to explore business opportunities.

Khalid Malik Senior Vice President and Tahir Ayub Vice President, Islamabad Chamber of Commerce and Industry also spoke at the occasion and urged that Pakistan and Turkey should focus on signing a Free Trade Agreement to facilitate trade promotion. They said both countries should establish direct road and railways links that would greatly help in further improving bilateral trade and economic relations between Pakistan and Turkey.

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