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Mega projects to help boost economy, peace in country: Mamnoon

byCustoms Today Report
11/11/2015
in Business
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ISLAMABAD: The continuing mega projects would help boost economic progress and peace in the country.

This was stated by President Mamnoon Hussain, while addressing the National Speech Contest here Wednesday at Pakistan China Friendship Centre.

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The President said though Pakistan had faced political and administrative instability in the past, the situation had improved to a great extent. He said that the country was moving forward with a new ambitions and the resilient Pakistani nation was braving all challenges with steadfastness. He said the country paid a big price in the past due to regional situation that had cast negative impact on the economy.

However, he said the ongoing development projects including the China Pakistan Economic Corridor (CPEC) would usher in a new era of prosperity in the country thus benefitting the entire region. He mentioned that the CPEC project was a package of number of other ventures including operationalisation of Gwadar Seaport, construction of Gwadar International Airport, network of motorways and installation of gas and power projects.

The President emphasized that these projects were of national importance and urged upon the nation to support the government in their completion. He said the situation in past had raised despondency among the people. However, the nation is once again emerging as vibrant due to the effective measures taken by the government. He mentioned that the law and order situation in the country was improving and the Operation Zarb-e-Azb goes on successfully to wipe out militants. He expressed hope that Pakistan would soon become a hub of peace and harmony as enshrined in the thoughts and principles of Quaid-e-Azam and Allama Muhammad Iqbal.

The President also highlighted launch of several electricity projects that he said would reduce loadshedding to minimum within a period of two and a half years. He said eliminating the menace of corruption from the society would make the country prosperous.

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