Published Date: Apr 12, 2014
Nuqta-e-Nazar: Analysts appreciate government efforts to overcome energy crisis and revive Pakistan’s economy.
Finance Minister Ishaq Dar has appreciated Chinese support in the economic sector and infrastructure projects.
Talking to the News and Current Affairs Channel of Radio Pakistan, Dr. Abid Qayyum Sulehri, Executive Director of the Sustainable Development Policy Institute, said: “Chinese investment in the energy sector will enable Pakistan to overcome its energy crisis. The proposed economic corridor from Kasghar to Gwadar will benefit both countries. Macro economic indictors of Pakistan are showing positive trends.”
Dr. Pervaiz Aamir, an energy expert, said: “China has expertise in the hydro and coal power projects. Chinese
companies are making huge investment in coal and hydro projects in Pakistan. After completion of various coal, hydro and nuclear based energy projects by Chinese companies, we will see considerable reduction
in Pakistan’s energy shortfall.”
Zakaria Usman, President Federation of Pakistan Chambers of Commerce and Industries, said: “Energy and trade are interlinked. The incumbent government has taken a number of steps to
overcome the energy crisis. I am hopeful the government will be able to
resolve the crisis within 2-3 years. Two FPCCI offices in China are facilitating
Chinese investors who want to invest in Pakistan.”
Prof. Dr. Tauseef Akhtar, an economist, said: “Pakistan and China have deep-rooted relations. Chinese investment
in the energy and infrastructural development projects is very beneficial for Pakistan. Many economic indictors are showing positive results.”
Talking about a Gallup survey that says 55 percent of people are satisfied with the performance of the PML-N government, Dr. Noor Fatima, Chairperson Department of Politics and International Relations, at International Islamic University, said: “All
analysts have consensus that economic indicators of Pakistan are showing positive results due to good governance and business-friendly policies of the present government. The confidence of foreign investors has been restored in Pakistan and lots of foreign investment is coming into the country.”