AIRLINK 212.82 Increased By ▲ 3.27 (1.56%)
BOP 10.25 Decreased By ▼ -0.21 (-2.01%)
CNERGY 7.00 Decreased By ▼ -0.35 (-4.76%)
FCCL 33.47 Decreased By ▼ -0.92 (-2.68%)
FFL 17.64 Decreased By ▼ -0.41 (-2.27%)
FLYNG 21.82 Decreased By ▼ -1.10 (-4.8%)
HUBC 129.11 Decreased By ▼ -3.38 (-2.55%)
HUMNL 13.86 Decreased By ▼ -0.28 (-1.98%)
KEL 4.86 Decreased By ▼ -0.17 (-3.38%)
KOSM 6.93 Decreased By ▼ -0.14 (-1.98%)
MLCF 43.63 Decreased By ▼ -1.57 (-3.47%)
OGDC 212.95 Decreased By ▼ -5.43 (-2.49%)
PACE 7.22 Decreased By ▼ -0.36 (-4.75%)
PAEL 41.17 Decreased By ▼ -0.53 (-1.27%)
PIAHCLA 16.83 Decreased By ▼ -0.47 (-2.72%)
PIBTL 8.63 Increased By ▲ 0.08 (0.94%)
POWERPS 12.50 No Change ▼ 0.00 (0%)
PPL 183.03 Decreased By ▼ -6.00 (-3.17%)
PRL 39.63 Decreased By ▼ -2.70 (-6.38%)
PTC 24.73 Decreased By ▼ -0.44 (-1.75%)
SEARL 98.01 Decreased By ▼ -5.95 (-5.72%)
SILK 1.01 Decreased By ▼ -0.02 (-1.94%)
SSGC 41.73 Increased By ▲ 2.49 (6.35%)
SYM 18.86 Decreased By ▼ -0.30 (-1.57%)
TELE 9.00 Decreased By ▼ -0.24 (-2.6%)
TPLP 12.40 Decreased By ▼ -0.70 (-5.34%)
TRG 65.68 Decreased By ▼ -3.50 (-5.06%)
WAVESAPP 10.98 Increased By ▲ 0.26 (2.43%)
WTL 1.79 Increased By ▲ 0.08 (4.68%)
YOUW 4.03 Decreased By ▼ -0.11 (-2.66%)
BR100 11,866 Decreased By -213.1 (-1.76%)
BR30 35,697 Decreased By -905.3 (-2.47%)
KSE100 114,148 Decreased By -1904.2 (-1.64%)
KSE30 35,952 Decreased By -625.5 (-1.71%)

Prime Minister Nawaz Sharif says Pakistan will not prosper as long as Karachi remains a hostage to strikes, shutdowns, and wheel-jams. "Karachi is shut down even if a fly dies here. This is counterproductive to the economy of the country," the prime minister said while addressing the members of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) here on Friday. "I have directed Governor Sindh Dr Isharatul Ebad not to allow anyone to bring life and business in Karachi to a grinding halt every other day," said he.
Nawaz Sharif said the culture of strikes in Karachi should be discouraged as it affects the industry and commerce. Nawaz Sharif has said the Government would consider the proposal to waive off duties on import of new plants and machinery. He said the duties can be recovered when the plant becomes operational. The Prime Minister said work is about to begin on Karachi-Hyderabad Motorway, which would later he extended to Sukkur, Multan, Lahore and Peshawar.
He said it is the effort of the present government to connect Pakistan with Central Asian States. He said construction of Gwadar-Quetta-Chaman and Kandhar route would open the entire Balochistan to development. The Prime Minister said massive investment of 46 billion dollars would be made by China under China-Pakistan Economic Corridor. He said two power plants of 330 MW each are to be established at Thar which would use Thar coal. He said the ultimate objective of the Government is to eliminate load-shedding and bring down prices of electricity. Nawaz Sharif said the Government is also addressing issues of security in Karachi, Balochistan and overall in the country.

Copyright News Network International, 2015

Comments

Comments are closed.