Wednesday, July 17, 2013

Energy sector to be given preferential treatment: PM


ISLAMABAD : Prime Minister Muhammad Nawaz Sharif has said that private sector's investment in the energy can play vital role in reducing electricity shortfall in the country.
Talking to Chairman HUBCO Hussain Dawood here on Wednesday ‚ he said the energy sector would be given preferential treatment in order to attract local and foreign investments.
The Prime Minister appreciated the construction of 84 Megawatt project by Laraib as the first private sector hydel power project in the country.

The chairman HUBCO apprised the prime minister about problems and challenges being faced by the business community.
The Prime Minister assured his full cooperation and support for the provision of business-friendly environment.
Meanwhile‚ talking first Diplomatic Magazine in the UAE ‚ the Prime Minister said that overseas Pakistanis are an asset who are greatly contributing to the national economic development.
Nawaz Sharif said the government is committed to the welfare of overseas Pakistanis.During the meeting‚ Javed Malik submitted proposals and recommendations for the promotion of trade and further improvement of overall ties between Pakistan and UAE. (news agencies)

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