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Mr Prime Minister, on behalf of Sitara Group I would like to thank you for your presence here to inaugurate our Coal Fired Power plant. Your presence is a matter of honour for us as well as for the business community. This shows your profound interest and confidence in private sector. Today, your presence has made this day memorable and historical for Faisalabad and Faisalabad's business community.
Mr Prime Minister I am exceptionally obliged that you fulfilled your promise to my late father (Mr Hajji Bashir Ahmad), pioneer of Sitara Group, to visit Sitara Chemicals, Faisalabad.
Dynamic Leadership of Prime Minister Pakistan
-- Under the explicit and dynamic leadership of our Prime Minister, our economy is growing day by day.
-- All the economic indicators are positive. Today, Pakistan's economy is evolving as an emerging economy. I firmly believe that this achievement is the product of our Prime Minister and his team's eager endeavours.
-- Alhamdulillah, our foreign reserves, which were 11 billion USD in 2013, have grown to 23 billion US dollars. This is more than 100% growth.
-- Similarly, our Tax Revenue that was 1,903 billion Rupees in 2013 is now 3,104 billion Rupees. This increased by 63% as compared to 2013 figures.
-- In addition, our Power Generation, which was 12,000 megawatts, has reached to 17,000 megawatts. That is 40% higher in comparison to 2013.
-- Businessmen are enjoying comfort, security, and protection.
-- Presently our economy has departure for the adventure of development and improvement is enroute. Gas and electricity load shedding is minimised. Industrialists of the country are now coming out of the status-quo.
-- Today once again, airports and motorways are being constructed in the country and international level infrastructure is being developed.
-- We believe that CEPEC will change the predetermination of country and region altogether and will prove a great milestone. Motorways are being constructed in all major cities in the country which carries profound significance in economic advancement.
-- Mr Prime Minister, Alhamdulillah, today all sincere people and mothers of nation are giving you their blessings and praying for your life and health as we all are seeing a developed, prosperous, and strong country led by you. The country has achieved the status of emerging economy in the region and proudly declared as investor friendly country too.
-- Mr Prime Minister, your administration worked a ton on Islamic Banking and I congratulate you, Mr Ishaque Dar, Federal Finance Minister, and Mr Saeed the status of emerging economy in the region and proudly declared as investor friendly country too.
-- Mr Prime Minister, your administration worked a ton on Islamic Banking and I congratul you, Mr Ishaque Dar, Federal Finance Minister and Mr Saeed Ahmad, Deputy Governor State Bank of Pakistan, for this success. Islamic banking network has increased by 53% from 1030 branches to 1574 branches in 2016.
-- This is additionally matter of a pride that we developed such expertise in Islamic financing system just in a little span of time that we are awarded by the six distinct countries for our Islamic financing system.
-- Mr Prime Minister, this is likewise a dark reality that whenever we began advancing our enemies planned and attempted to hinder our development by insidiousness acts.
-- Sitara group vow to stand with your government for the advancement of our dearest nation whatever it might take.
Sitara group vow to stand with your government for the advancement of our dearest nation whatever it might take.
Request to Prime Minister Pakistan
-- We have very nearly 40MW power surplus, which may expand to 50MW. With this, we can lessen power failure provided that either WAPDA purchase this from us or government permits us to circulate it in the vicinity.
-- There ought to be a CSR Act in Pakistan to bound Industrialists to spend some portion of their net profit for the well-being of their workers such as health, education etc.
-- Exclusive RLNG Based Power Generation License of 220MW must be granted to M-3 Industrial city.
-- The amount of 2.5 billion that is designated to construct expo center
-- Faisalabad must give on earnest premise and for that procedure ought to be finished as quickly as time permits.
-- The new airport in Faisalabad ought to build on earnest premise. As FESCO is utilising Electronic Mobile Metering to control over billing, we ought to utilise this method everywhere throughout the Pakistan to avoid wrong charging.
Like Bahawalpur and Multan, a full bench high court ought to be built up in Faisalabad as well.

Copyright Business Recorder, 2016

Copyright Business Recorder, 2016

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