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Home Chambers & Associations

FCCI chief lauds govt efforts to resolve energy crisis

byCT Report
12/11/2015
in Chambers & Associations, Latest News, Pakistan Chambers
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FAISALABAD: President Faisalabad Chamber of Commerce and Industry (FCCI) Chaudhary Muhammad Nawaz lauded the efforts of present government to transform energy starved Pakistan into energy surplus country just within a period of two to three years.

He appreciated the ground breaking ceremony of 1223 MW power project at Balloki by Prime Minister Nawaz Sharif and said that government accepted the challenge to fulfill  the energy needs with a focused approach to generate cheap and affordable electricity.

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He said that government has shown its sincerity by bringing down the construction cost of various projects which also speaks high of the kickbacks enjoyed by the previous rulers.

He said that in Faisalabad industrial sector is running with only 50 to 60 percent of its installed capacity only due to the shortage of energy and high cost of doing business. He hoped this new project will not only add sufficient electricity to the national grid but also bring down its cost which will help industrial sector to trim down its production cost.

He hoped that Pakistan will become fastest growing country of the world only if the energy needs are ensured with adequate and sustained supply of electricity at affordable prices.

He said that if the industries can work round the clock if were provided energy in according to their needs. “ It will not only help Pakistan to enhance its exports but also create new job opportunities without any additional expenditure on the infrastructure development”, he added.

Meanwhile Chaudhary Muhammad Nawaz has congratulated Sardar Ayaz Sadiq on his reelection as Speaker National Assembly.

He said that Sardar Ayaz Sadiq has actually made history by electing form the same assembly for the second time. He said that he bagged 268 votes which speak high of his impartiality to conduct the parliamentary affairs of the legislative assembly.

He hoped that Sardar Ayaz Sadiq will discharge his official responsibilities with complete fairness as enshrined in the constitution of Pakistan.

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