Pakistan has attained four point seven percent growth rate which is better than the growth achieved in the last eight years:Dar
Finance Minister Ishaq Dar has said Pakistan is committed to provide all possible facilities to foreign investors in the country.He was addressing Pakistan France Business Council meeting in Paris.The minister said the investment climate in Pakistan is conducive to the European investment.He said foreign companies working in Pakistan are having un-paralleled profits. Ishaq Dar said Pakistan offers business investment package which no other country from the region has offered. The finance minister said Pakistan's strategic location makes it an attractive destination for foreign investment.
Hazara motorway to be operational by 2017 end
According to an official of National Highway Authority (NHA), work on the first two phases will be completed by March while the phase III will be completed by December next year. He said fifty-nine kilometers Burhan-Havelian section of motorway forming part of the China-Pakistan Economic Corridor will cast thirty billion rupees.
300MW electricity added to grid through QASP 2nd phase
Three hundred megawatt electricity has been added to the national grid after the completion of second phase of the Quaid-i-Azam Solar Park near Bahawalpur. An official of the Solar Park told Radio Pakistan that execution of third phase would be undertaken soon which will add six hundred Megawatt power to the grid.He told Quaid-i-Azam Solar Park’s total capacity was planned to be one thousand megawatt in 2014 and its first phase of one hundred megawatt was completed and commissioned last year.
Govt accelerates various mega projects to overcome water shortage
Balochistan government has accelerated various mega projects to overcome water shortage in the province. According to official sources, Mangi Dam is being constructed at a cost of over nine billion rupees and it will be completed within three years. Quetta would get eight point one million gallon water on daily basis with the completion of this project. Indus Water project would be completed at a cost of forty billion rupees. Halak dam project is also in pipeline and would be approved soon. The dam would provide three to four million gallon water daily for Quetta and its adjoining areas.
Host: Tanveer Hussain