AGL 40.01 Decreased By ▼ -0.20 (-0.5%)
AIRLINK 127.00 Decreased By ▼ -0.64 (-0.5%)
BOP 6.69 Increased By ▲ 0.02 (0.3%)
CNERGY 4.51 Increased By ▲ 0.06 (1.35%)
DCL 8.64 Decreased By ▼ -0.09 (-1.03%)
DFML 41.04 Decreased By ▼ -0.12 (-0.29%)
DGKC 85.61 Decreased By ▼ -0.50 (-0.58%)
FCCL 33.11 Increased By ▲ 0.55 (1.69%)
FFBL 66.10 Increased By ▲ 1.72 (2.67%)
FFL 11.55 Decreased By ▼ -0.06 (-0.52%)
HUBC 111.11 Decreased By ▼ -1.35 (-1.2%)
HUMNL 14.82 Increased By ▲ 0.01 (0.07%)
KEL 5.17 Increased By ▲ 0.13 (2.58%)
KOSM 7.66 Increased By ▲ 0.30 (4.08%)
MLCF 40.21 Decreased By ▼ -0.12 (-0.3%)
NBP 60.51 Decreased By ▼ -0.57 (-0.93%)
OGDC 194.10 Decreased By ▼ -0.08 (-0.04%)
PAEL 26.72 Decreased By ▼ -0.19 (-0.71%)
PIBTL 7.37 Increased By ▲ 0.09 (1.24%)
PPL 153.79 Increased By ▲ 1.11 (0.73%)
PRL 26.21 Decreased By ▼ -0.01 (-0.04%)
PTC 17.18 Increased By ▲ 1.04 (6.44%)
SEARL 85.60 Decreased By ▼ -0.10 (-0.12%)
TELE 7.57 Decreased By ▼ -0.10 (-1.3%)
TOMCL 34.39 Decreased By ▼ -2.08 (-5.7%)
TPLP 8.82 Increased By ▲ 0.03 (0.34%)
TREET 16.82 Decreased By ▼ -0.02 (-0.12%)
TRG 62.55 Decreased By ▼ -0.19 (-0.3%)
UNITY 27.29 Decreased By ▼ -0.91 (-3.23%)
WTL 1.30 Decreased By ▼ -0.04 (-2.99%)
BR100 10,112 Increased By 26 (0.26%)
BR30 31,188 Increased By 17.5 (0.06%)
KSE100 94,996 Increased By 232 (0.24%)
KSE30 29,481 Increased By 71 (0.24%)

Prime Minister Shaukat Aziz on Monday said with the growing economy and increased trade and investment activities, Pakistan requires a strong and world-class infrastructure in services sector including the hotels.
He was speaking at the groundbreaking ceremony of a 45-storey `Grand Hayatt'' five-star hotel being constructed near the Convention Centre in federal capital with an investment of US $260 million.
The Prime Minister termed the hotel project ''very important and historic development'' for Islamabad, which surrounded by beautiful mountains with lush green landscapes and good climatic conditions, has many reasons to become the hub of tourism and international conventions and conferences in the region.
He said, Pakistan being at the crossroads of South Asia, Central Asia and the Middle East, having six out of world''s 12 peaks, rich culture and the growing economy offers lot of attractions for tourists as well as for investors.
The Prime Minister said, to become a true hub of international conferences and conventions there must be all world class facilities of a modern city.
He said, with several technical companies and IT parks operating in the federal capital, Islamabad is fast becoming an IT capital.
Prime Minister said, Islamabad will soon have an international standard airport, having connectivity with the Motorway, adding, we will allow operation to more airlines.
He said, the services sector has the largest potential of job opportunities and mentioned that the new hotel-to be opened by the end of 2009, will provide jobs to 2600 people directly, with several people getting indirect jobs as a fall-out of the project through supply, shops, allied businesses etc. The Prime Minister said, "We need several international hotels not only in Islamabad but in other major cities and metropolitans."

Copyright Associated Press of Pakistan, 2006

Comments

Comments are closed.