Pak­istan to get cheap elec­tric­ity through CASA-1000

The Pak Banker - - NATIONAL -

Am­bas­sador of Ta­jik­istan Sherali Jononov on Wed­nes­day said sup­ply of cheap elec­tric­ity to Pak­istan was ex­pected to start from 2018 through CASA-1000.

Ad­dress­ing the busi­ness com­mu­nity in a func­tion held at the Faisal­abad Cham­ber of Com­merce and In­dus­try (FCCI), he said Ta­jik­istan had al­ready started up­grad­ing its hy­del power sta­tions which will be com­pleted well be­fore 2018.

He said four heads of the states, in­clud­ing Prime Min­is­ter Muham­mad Nawaz Sahrif and Tajik Pres­i­dent Emo­mali Rah­mon, will meet in Dushanbe on May 12 this year. He said Ta­jik­istan was very rich in oil and gas re­sources and a pro­ject to pro­vide gas to Pak­istan and In­dia through TAPI ( Turk­menistan- Afghanistan, Pak­istan, In­dia) was also un­der- con­struc­tion.

Com­ment­ing on the road link be­tween th­ese coun­tries, he said a tran­sit trade agree­ment had al­ready been signed. He said both the coun­tries had al­ready dis­cussed var­i­ous road projects, in­clud­ing one from Gwadar to Ta­jik­istan via Quetta, Chaman, Kan­dar and Kabul. Sim­i­larly, an­other pro­ject was un­der con­sid­er­a­tion to build a road from Pe­shawar to Ta­jik­istan via Torkham and Kabul.

An­other pro­ject was to build a di­rect road from Pak­istan to Ta­jik­istan via Chi­tral. How­ever, in this con­nec­tion a pos­i­tive nod from Afghanistan is still awaited, he added. Re­gard­ing bank­ing ser­vices, he said the Na­tional Bank of Pak­istan ( NBP) had al­ready es­tab­lished its branch in Dushanbe which had brought a sig­nif­i­cant im­prove­ment in our bi­lat­eral trade.

He termed 'Pak-Tajik Trade & Cul­tural Fes­ti­val 2016' as a pos­i­tive step to pro­mote bi­lat­eral trade be­tween two coun­tries and said that Pak­istani busi­ness­men should visit and ex­plore the mar­ket.

He par­tic­u­larly urged tex­til­ers of Faisal­abad to visit and es­tab­lish their tex­tile re­lated units in Ta­jik­istan which has abun­dant of elec­tric­ity, wa­ter and high qual­ity cot­ton. Mr Maruf Jon Com­mer­cial At­tache of Ta­jik­istan said his coun­try had just started its jour­ney and hoped that their Pak­istani brethren will play their role in its progress and pros­per­ity.

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