"That day is not far when Pakistan will be among the developed countries in world": Analysts
Analysts hail government's prudent policies for improvement in economic and security situation.
Developmental projects initiated by government will usher in new era of progress and prosperity in the country: PM
Prime Minister Muhammad Nawaz Sharif performed the groundbreaking of Shorkot-Khanewal Section of M-4 today. Addressing a ceremony says government is pursuing such policies that ensure sustainable development of the country. “A network of highways and motorways is being constructed in the country. Over the last one and a half years, road infrastructure projects worth 850 billion rupees have been launched which will help both the farmers and the industrialists to take their produce to the international markets. Country's economy is progressing due to government's successful economic policies. A state of the art Gwadar port and an airport are being constructed to make Gwadar an international city. The menace of load shedding will be eliminated by 2018 and work on power plants launched in cooperation with China is in full swing.
The project will be completed at a cost of around twenty-two billion rupees in two years. After completion, the project will improve the country’s vital north-south road network and promote economic growth, create jobs and ensure regional connectivity. Motorway M-4 Faisalabad-Multan 240 kilometers is divided into four sections. Faisalabad-Gojra and Khanewal-Multan sections have already been completed, while work is underway on Gojra-Shorkot section. Work on the fourth section of Shorkot-Khanewal will begin today. Shorkot-Khanewal section is divided into two packages including Shorkot-Dinpur (31 kms) and Dinpur-Khanewal (34 kms), in order to ensure its in-time completion
The M-4 is also a step towards positioning Pakistan to act as a transit artery for goods moving between the port city of Karachi and Gwadar in the south to Torkham on the northern border with Afghanistan.
Country steers towards progress and prosperity: Irfan
Adviser to the Prime Minister for National History and Literary Heritage Irfan Siddiqui says Pakistan is much developed today than it was in 2013. Addressing a ceremony in Lahore today in connection with Independence Day, he said Quaid e Azam Muhammad Ali Jinnah united the whole nation under one flag and one slogan of Pakistan. Irfan Siddiqui said every Pakistani is of the opinion that the country is steering towards progress and prosperity.
China Pakistan Economic Corridor project is a gift for Pakistan: Ahsan
He was addressing a seminar titled Pakistan`s journey to greatness in connection with Independence Day Celebrations organized by News and Current Affairs Channel of Radio Pakistan at National Broadcasting House in Islamabad. He said China Pakistan Economic Corridor project is a gift for Pakistan, which will attract more investment from abroad. He once again assured that the multi-billion dollar project will serve all the federating units of the country. Ahsan Iqbal said political stability and continuity of policies is a pre requisite for development.
Nehal Hashmi (Senator, PML-N):
“The country was facing the worst peace situation when PML-N came into power. The energy situation was also terrible. The demand of electricity had exceeded against the supply. But overall terrorism and energy situation has improved because of the prudent policies of the present government. Most of the power projects initiated by the government through China Pakistan Economic Corridor are expected to be completed till 2018 and we will have enough electricity even to export. International organizations have also admitted that Pakistan’s economic policies are going in right direction. Another international ratings agency has put Pakistan among top emerging South Asian economies because of continuity of policies and political stability. Pakistan’s investment in infrastructure and other development projects has caused the country’s gross domestic product to grow.”
Chaudhary Iftikhar Nazir (Leader, PML-N):
“Prime Minister rightly said that we are not working for a particular class, instead we are working for the entire nation. Prime Minister is trying to facilitate all provinces without any discrimination because the only motto is to make Pakistan a developed country. PM performed the groundbreaking of Shorkot-Khanewal section of M-4 motorway that will provide job opportunities to the people of these areas. Some elements criticized even when the Lahore to Islamabad motorway was being constructed that government has spend a huge investment on it. Today, these elements have also been travelling through this motorway.”
Dr. Humayun Iqbal Shami (President, Pakistan Economic Forum):
“Prime Minister performed the ground breaking of Shorkot-Khanewal a section of Faisalabad-Multan Motorway today. It will create certain job opportunities. If we review the history of developed countries, it will be observed that all these countries mainly focused on improving road infrastructure. Peshawar to Gwadar and Karachi to Lahore road infrastructure will be vital for economic development of the country. The elements criticizing the economic policies of government must keep in mind that no one in the world will call Pakistan a failed state anymore as many international organizations have appreciated the economic policies of the incumbent government.”
Ali Salman (Economist):
“It was mandatory for the development of the country to improve road infrastructure in the country and the incumbent government paid special attention towards it. The government has allocated special funds amounting to Rs. 8oo billion for the improvement of road infrastructure. The incumbent government has initiated a number of power projects including CASA 1000 to overcome energy crisis in the country. Prime Minister has directed the concerned authorities to ensure timely completion of all development projects. A lot of work is still needs to be done in power sector as the demand is increasing day by day. The better road infrastructure will boost trade and travel while reducing transportation cost and time.”
Dr. Ashfaq Hassan (Economist):
“The present government is paying special attentions to development of different sectors including power, gas, education, health and roads. The completion of road infrastructure in the country will definitely bring prosperity and development. That day is not far when Pakistan will be among the developed countries in world because the economic indicators of our country are going in right direction. The country’s economy has been growing for a number of years and it is back on track to complete an IMF programme for the first time in its history. Relative political stability, improving security situation, low inflation due to record low international oil prices and 42-year low interest rates are some of the contributing factors in creating an atmosphere ripe for international investment.”