Govt striving to control energy crisis: Punjab CM

LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has said that government is making serious efforts on emergent basis for controlling energy crisis as it is essential for realizing the dream of progress and prosperity.

He said that there are vast opportunities of investment in energy sector. He said that generation of electricity from coal and projects of small hydle dams are the priority of the government. He said that special incentives are being offered to foreign investors for setting up energy projects. He said that Turk investors should fully benefit from investment opportunities in energy sector.

He was talking to a delegation of Turk investors. The delegation included Chairman Bozatli International Dr. Ali Bozatli, Vice Chairman Mehmat Bozatli, Chairman Azad USA Group Akbar Azad, Chief Executive Officer Safa Marwa Industries Muhammad Waqas Marwa and Chairman AsiaTech Group Nadeem Malik. Chairman Lahore Transport Company Khawaja Ahmad Hasaan, Managing Director Metro Bus Authority, Secretary Energy and other concerned officers were also present on the occasion.

Talking to the Turk delegation, the Chief Minister said that several Turk companies are working on various projects with the collaboration of Punjab government and have invested billions of dollars in the province during last five years. He appreciated the cooperation and investment of Turkey in metro bus project, solid waste management and landfill site projects. He said that there is also a vast scope of investment in tourism and housing sector in Punjab and Turk investors should consider investment in these sectors as well.

Shahbaz Sharif said that a favourable atmosphere has been created in Punjab for investment and Punjab Investment Board is assisting and facilitating investors. He said that foreign investors should benefit from the conducive atmosphere available in Punjab for investment. He said that a modern system of sanitation has been introduced in the provincial metropolis with the collaboration of Turk companies and its scope is being expanded to five other cities of Punjab including Rawalpindi, Multan, Faisalabad, Gujranwala and Sialkot.

He said that Turkey is a brotherly country of Pakistan and the historic, cultural and fraternal ties existing between the two countries have been changed into strong economic relations.

Turk investors expressed their desire for investment in energy, housing and other sectors in Punjab. They said that they are deeply impressed with the completion of metro bus project in a record period of time by the Chief Minister Shahbaz Sharif. They said that Lahore can be considered among the developed cities of the world. They said that Chief Minister Shahbaz Sharif is serving the people in the real sense by completing mega projects within a record period.