Sunday, January 30, 2011

Energy crises badly affecting social, economic sectors

Punjab Chief Minister Muhammad Shahbaz Sharif said energy crisis was adversely affecting social and economic sectors. He said thr government is working on various projects of power generation through alternative sources for overcoming thecrisis. He said investment by Omani entrepreneurs in Punjab will be welcomed and all out facilities will be provided.This was stated by him during a meeting with Ambassadorof Oman Mohamed Said Al-Lawati at Chief Minister’s Secretariat here Thursday.
Cooperation in various sectors and matters of mutual interest were discussed in the meeting. The Chief Minister said process of development is beingbadly affected by power shortage and measures are being taken by the government for overcoming the crisis. He said that energy conservation conferences were organized in Islamabad and Lahore and invaluable proposals were given by the experts for power generation. He said Pakistan has vast coal reserves and energy could be generated through windmills. He said electricity could also be produced through sugarcane waste and government is working on these lines as well.
The Chief Minister said exchange of delegations between Punjab province and Oman has vital importance for the promotion of investment and cooperation in various sectors. The Chief Minister said he will send a delegation from Punjab to Oman to negotiate with various companies and investors for investment in the province.Ambassador of Oman Mohamed Said Al-Lawati said thereare historic relations between Pakistan and Oman. He said that Pakistan was a peaceful country having vast opportunities of investment. He said that there was a need to dispel the negative image of Pakistan as it is contrary to the facts. He said that law and order situation was improving in Pakistan while a conducive atmosphere for investment exists in the country. He said Oman will cooperate with Punjab for the development of various sectors. He invited the Chief Minister Punjab to visit Oman.

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