Govt Utilizing All Resources For Infrastructure Development: Zubair

KARACHI, (UrduPoint / Pakistan Point News - 25th May, 2017 ) : Every possible resources are being utilized for the development of the infrastructure and the Federal government is also extending full cooperation in this regard.

This was stated by Governor of Sindh, Muhammad Zubair, here while talking to the managing committee members of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) during a visit to the Federation, said a statement from the Governor House on Thursday.

He was of the view that the traders and businessmen are the backbone of the country's economy and play a vital role for the achievement of the economic growth targets. Zubair pointed out that the federal government was also extending full assistance towards the infrastructure development.

He said that Karachi is the commercial and economic hub of the country and multinational companies from various parts of the world are doing profitable business. The restoration of law and order in the metropolis also enhanced the confidence of the investors, traders and businessmen, the Governor added.

He was of the view that inspite of challenges, the economic growth is on the increase in the presentday era.

Zubair said that the focus of the government was on development works and stability.

He stated that the foreign investors have been attracted to come up with investments and that they are being provided with incentives and the required cooperation. The Governor said that the fruits of the government policies are coming to the fore and that this is being acknowledged internationally as well.

He reiterated that the China-Pakistan Economic Corridor (CPEC) would prove to be a gamer-changer for the region as well. Zubair said that with the completion of energy projects, some 10,500 MW of electricity would be added to the national grid by March 2018 which would be suffice to meet out requirements.

He was of the view that out stock exchange has now become the third largest in the world. Various multinationals are showing keen interest for investment, the Governor added. FPCCI president Zubair Tufail, industrialist S.M. Munir, Mirza Ikhtiar Baig, Senator Abdul Haseeb Khan and Abdul Sami Khan were also present on the occasion.