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ICCI for measures to overcome
energy crises
Islamabad—The Government should focus on long and short term energy
generation projects to overcome energy crisis. Small scale 50-100
megawatt electricity generation plants should be installed,
alternative energy generation like recycling of waste and solar and
wind sources should be utilised to overcome the critical energy
crises in the country. This was stated by President Islamabad
Chamber of Commerce and Industry (ICCI) Muhammad Ijaz Abbasi here on
Tuesday while talking to Maria Kuusisto, Analyst, Asia of Eurasia
Group. There is a need to build the confidence of the foreign
investors, because they can find tremendous opportunities of greater
returns on the investments here, he added.
He said that a negative propaganda is projected about Pakistan in
the western media whereas ground realities are different. He also
discussed with her various issues concerning security situation,
business environment, fiscal and investment policies, privatization
and development in the oil and gas sector. He said that some
anti-social elements are trying to create disturbance in the
country, which put negative impact on the national economy. He said
that the new government has come up with a very aggressive agenda,
which shows its resolve to seriously look after the burning issues.
The ICCI President said that government should lay more emphasis on
education, because without increasing literacy rate, our nation
cannot economically progress with the desired pace.—APP
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