Zar­dari tells world: Pak-iran pipe­line in na­tional in­ter­est

The Pak Banker - - COMPANIES/BOSS -

Pak­istan is not against any­one and government wants to strengthen the coun­try’s econ­omy. World should re­al­ize our na­tional in­ter­ests. We need cheaper en­ergy and Pak-Iran pipe­line is our ba­sic re­quire­ment.

He was speak­ing af­ter inau­gu­rat­ing 3 sep­a­rate projects in Mon­day in­clud­ing Prem Na­gar Dry Port project of Rail­ways and Al­lai Kh­war and Jin­nah Hy­dro power projects. Fed­eral Rail­ways Min­is­ter Ghu­lam Ahmed Bilour and State Min­is­ter for Water and Power Tas­neem Qureshi, sev­eral par­lia­men­tar­i­ans and am­bas­sadors of dif­fer­ent coun­tries were also present on the oc­ca­sion. He said that the work on Pak-Iran gas pipe­line would be kicked off on March 11. He said that the pre­lim­i­nary re­view report of the project was pre­pared in 1994. The Pres­i­dent said that new in­com­ing government would take ad­van­tage of its ge­o­graph­i­cal im­por­tance in col­lab­o­ra­tion with in­ter­na­tional friends and the project would be com­pleted with full po­ten­tial. “We in­creased the ex­pen­di­ture on fi­nan­cial frame­work by 10 per­cent but it was the need of the time that it should had been en­hanced by 100 per­cent fro the ad­vance­ment of the coun­try. The pri­vate sec­tor should come for­ward as the with­out its par­tic­i­pa­tion, the progress could not be made”, he added.

The Pres­i­dent said that it is not the government’s job to carry out trade, rather it can only fa­cil­i­tate the pri­vate sec­tor. With the in­cep­tion of Prem Na­gar Dry Port , the eco­nomic ac­tiv­ity of the coun­try would be flour­ished where state of art ser­vices have been pro­vided to im­porters and ex­porters. He said that coun­try earned 280.07 mil­lion profit from the project so far. The port has been con­structed at 100 hec­tors of land. He said that Rail­ways is work­ing with pri­vate sec­tor to play its role in na­tional econ­omy.

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