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CEO Summit Asia 2013: power outages major challenge, says Shahbaz
Terming electricity loadshedding as the biggest challenge being faced by Pakistan at present on economic front, Punjab Chief Minister Shahbaz Sharif Thursday said this problem can be addressed only with collective wisdom, tireless efforts and determination.
While addressing the inaugural function of CEO Summit Asia 2013 here on Thursday, Shahbaz stressed the need of making short, medium and long terms planning to cope with the challenge of shortage of electricity. "Investment climate in the country can be promoted by overcoming energy crisis and improving law and order. Promotion of investment is essential for strengthening of national economy and creation of new job opportunities while economy can be revived through effective and solid economic policy," he said.
Shahbaz said that Pakistan is rich in resources and also has talent and brains and now is time for them to come forward and present practicable proposals for resolving energy crisis and other problems posed to the country. He said that instead of mere speeches, practical and meaningful measures are the need of the hour.
Former caretaker federal minister Sohail Wajahat, Atif Bajwa, Khalid Awan, Ijaz Nisar of Alfalah Bank and CEOs of various companies were present in large numbers on the occasion.
The Chief Minister said that he was pleased to address talented people and brilliant brains who are rendering glorious services for their organisations but it is time for them to contribute to the development and progress of the country. He stressed upon CEOs to put forward practicable proposals and support the government for progress and prosperity of the country and ridding it of the problems.
Shahbaz said that early solution of energy crisis is essential for promotion of investment and solution of the problems being faced by the country. He said that a solution to the problem of shortage of energy will have to be found through mutual consultation. He said that PML-N government is working day and night to resolve energy crisis. He said that power-theft and line losses can be controlled through political will.
The Chief Minister said that use of electricity without paying the bill is totally unjustified and intolerable. He said that the machinery of Nandipur Power Project is rusting due to corrupt thinking of the former rulers and had this project been executed on time it would have been cost Rs 22 billion but now its cost has raised to Rs 57 billion which a poor country like Pakistan cannot afford. He said that there is a need to eliminate the cancer of corruption.
Shahbaz said that law and order situation in Punjab is better but for the purpose of promotion of investment, law and order situation in the whole country will have to be improved. He said that modern policing system will be introduced in Punjab and benefit will have to be taken from the experiences of Dubai and Turkish police. He said that the police system of Turkey is splendid and Turkish police is free from corruption.
The Chief Minister said that the model of Turkey will be adopted and police system of Punjab will be improved. He said that modern technology will be utilised for this purpose which will help eliminate crimes.
He said that Punjab Investment Board has been constituted for the promotion of investment in the province and it is taking measures for providing facilities to investors. He said that public-private partnership will be encouraged and the best investment climate will be created.
Shahbaz further said that foreign investment can come to the country only if Pakistani investors also invest. He said that Turkish companies have invested in Punjab and their investment has been given due protection. He said that a delegation of CEOs of different companies should be constituted which should evolve a strategy with the Punjab government for resolving energy crisis and other problems. The Chief Minister also performed the launching ceremony of the book "100 Business Leaders" and distributed copies of the book among CEOs.
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@aks18 @A.Rafay
@AstanoshKhan
@nuclearpak @Aeronaut @Jazzbot
CEO Summit Asia 2013: power outages major challenge, says Shahbaz
Terming electricity loadshedding as the biggest challenge being faced by Pakistan at present on economic front, Punjab Chief Minister Shahbaz Sharif Thursday said this problem can be addressed only with collective wisdom, tireless efforts and determination.
While addressing the inaugural function of CEO Summit Asia 2013 here on Thursday, Shahbaz stressed the need of making short, medium and long terms planning to cope with the challenge of shortage of electricity. "Investment climate in the country can be promoted by overcoming energy crisis and improving law and order. Promotion of investment is essential for strengthening of national economy and creation of new job opportunities while economy can be revived through effective and solid economic policy," he said.
Shahbaz said that Pakistan is rich in resources and also has talent and brains and now is time for them to come forward and present practicable proposals for resolving energy crisis and other problems posed to the country. He said that instead of mere speeches, practical and meaningful measures are the need of the hour.
Former caretaker federal minister Sohail Wajahat, Atif Bajwa, Khalid Awan, Ijaz Nisar of Alfalah Bank and CEOs of various companies were present in large numbers on the occasion.
The Chief Minister said that he was pleased to address talented people and brilliant brains who are rendering glorious services for their organisations but it is time for them to contribute to the development and progress of the country. He stressed upon CEOs to put forward practicable proposals and support the government for progress and prosperity of the country and ridding it of the problems.
Shahbaz said that early solution of energy crisis is essential for promotion of investment and solution of the problems being faced by the country. He said that a solution to the problem of shortage of energy will have to be found through mutual consultation. He said that PML-N government is working day and night to resolve energy crisis. He said that power-theft and line losses can be controlled through political will.
The Chief Minister said that use of electricity without paying the bill is totally unjustified and intolerable. He said that the machinery of Nandipur Power Project is rusting due to corrupt thinking of the former rulers and had this project been executed on time it would have been cost Rs 22 billion but now its cost has raised to Rs 57 billion which a poor country like Pakistan cannot afford. He said that there is a need to eliminate the cancer of corruption.
Shahbaz said that law and order situation in Punjab is better but for the purpose of promotion of investment, law and order situation in the whole country will have to be improved. He said that modern policing system will be introduced in Punjab and benefit will have to be taken from the experiences of Dubai and Turkish police. He said that the police system of Turkey is splendid and Turkish police is free from corruption.
The Chief Minister said that the model of Turkey will be adopted and police system of Punjab will be improved. He said that modern technology will be utilised for this purpose which will help eliminate crimes.
He said that Punjab Investment Board has been constituted for the promotion of investment in the province and it is taking measures for providing facilities to investors. He said that public-private partnership will be encouraged and the best investment climate will be created.
Shahbaz further said that foreign investment can come to the country only if Pakistani investors also invest. He said that Turkish companies have invested in Punjab and their investment has been given due protection. He said that a delegation of CEOs of different companies should be constituted which should evolve a strategy with the Punjab government for resolving energy crisis and other problems. The Chief Minister also performed the launching ceremony of the book "100 Business Leaders" and distributed copies of the book among CEOs.
@Awesome @Web Master
@aks18 @A.Rafay
@AstanoshKhan
@nuclearpak @Aeronaut @Jazzbot
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