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  • Dec 1st, 2012
  • Comments Off on PIAF terms: LHC decision a milestone for economic revival
Pakistan Industrial and Traders Associations Front (PIAF) on Friday termed the LHC decision a milestone for the economic revival of the country. The PIAF Chairman Sohail Lashari in a statement said that the government should immediately start work on this mega project of national importance in the light of recommendations of the Council of Common Interests. He said that the WAPDA had already made it clear that the reservations about the Kalabagh Dam are baseless and had no relation with the factual position of this project.

He said that an acute shortage of electricity had already played havoc with the country as the industrial closures and massive layoffs are order of the day while the unemployment graph is going up with every passing day. He said that early construction of Kalabagh Dam would not only ensure much cherished economic revival but would also help save billions of dollars foreign exchange being spent on import of oil.

Copyright Business Recorder, 2012


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