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Tarar lauds China for helping Pakistan overcome energy crisis – Pakistan Observer

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Federal Minister for Information, Broadcasting, National Heritage and Culture Attaullah Tarar on Sunday extended deep gratitude to China for helping Pakistan to overcome worst energy crisis faced by the country in the early years of previous decade.

Delivering his speech at the China Chamber of Commerce in Pakistan ceremony here, he said the friendship between Pakistan and China spanned over decades and many generations.

“The friendship between Pakistan and China is being passed down from generation to generation,” the minister said adding that the people of Pakistan and China had emotional attachment to each other.

Tarar remarked that Beijing had supported Islamabad in all circumstances and this friendship had gone through storms and difficult times successfully and proved unbreakable.

He said that China-Pakistan Economic Corridor (CPEC) was the manifestation of closeness and ideal friendship between the two countries.

“CPEC is not only a project for the prosperity of Pakistan and China, but also for the entire region,” the minister opined.

Energy projects including Sahiwal Coal power project, Thar Coal Project, Karachi Port Energy project were launched by China under CPEC.

He said in 2013, when Pakistan was facing worst energy crisis and 8 to 19 hours load shedding was a matter of routine, several energy projects were launched under CPEC and these projects helped Pakistan overcome energy shortage.

He maintained that journey of success from 2013 to 2018 was mainly because China helped Pakistan restructure its energy sector while bringing in good energy projects including nuclear, coal, hydro, solar energy projects as China believed that Pakistan’s energy crisis could be over by technological innovations, through diversification and restructuring of energy sector.

He said in 2018 GDP growth rate stood at 5.8 per cent and inflation was only 4 per cent.

The country’s economy now was on the way to improvement and China had played an important role in this regard.

The minister remarked that the strategic partnership between Pakistan and China was commendable as both the countries were going to start the next phase of CPEC.

He said in the second phase of CPEC, useful discussions were held during Prime Minister Shehbaz Sharif’s visit to China.

He expressed heartfelt gratitude to Chinse Ambassador to Pakistan Jiang Zaidong, Chinese leadership and Chinese companies who enabled Pakistan to not only overcome energy crisis but also propel economic growth and provide job opportunities to the people of the country.

He said it was a matter of pride for him that he was speaking on the eve of Chinese Prime Minister’s historic visit to Pakistan and it was a matter of joy and jubilation for people of Pakistan.—APP

Pakistan

PCMEA forecasts 15-20% increase in carpet exports after successful exhibition – Pakistan Observer

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The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) Chairman Mian Atiqur Rahman and Vice Chairman Riaz Ahmad have hailed the recent three-day international carpet exhibition as a resounding success, forecasting a 15-20% surge in carpet exports. They expressed satisfaction with the event’s outcome, citing robust participation from foreign buyers.

“We extend our heartfelt gratitude to the Trade Development Authority of Pakistan (TDAP) for their unwavering support. We look forward to their continued collaboration in the future, which will be instrumental in propelling Pakistan’s carpet industry to new heights,” they expressed these views while addressing the review meeting regarding the international exhibition which was held in Lahore recently.

In the meeting, Pattern Chief Abdul Latif Malik, Chairperson of Carpet Training Institute (CTI) Ejazur Rehman, Senior Central Leader Usman Ashraf, Major (Rtd) Akhtar Nazir, Saeed Khan, Shahid Hasan Sheikh, Saadur Rehman, Umair Usman, Faisal Saeed Khan, Mahmood Ahmed were present in the meeting.

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Pakistan Railways penalizes over 97 officials on corruption charges – Pakistan Observer

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Pakistan Railways has held responsible and penalized over 97 officials of the department on corruption charges during the last five years, as a part of its efforts to control malpractices.

“Several steps are being taken to control corruption in Pakistan Railways which include introducing ticket vending machines and online reservation of tickets to avoid black marketing,” an official in the Ministry said.

The official said, “Pakistan Railways has established a task team to keep watch on any irregularities and check the attendance of staff in the organization.”

He said, “Ticketless campaigns through Special Ticket Examiners (STEs) groups and officers are being carried out on a daily basis in the divisions to check and charge such passengers with a penalty.”

“The payment of pension is being carried out through online banking system to facilitate the pensioners as well as to eliminate the ghost pensioners from the department,” he added.

He said, “All the auctions are transparently held through the designated committee and the deposited amount is being received through CDR duly verified by the concerned Divisional Accounts Officers (DAO).”

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ICCI to foster business growth, job creation: President ICCI – Pakistan Observer

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Nasir Mansoor Qureshi, President Islamabad Chamber of Commerce and Industry (ICCI) has reaffirmed the organization’s commitment to supporting the business community, the backbone of Pakistan’s economy, adding that under his leadership, the ICCI aims to facilitate ease of doing business by resolving existing problems and paving the way for progress and prosperity of the country.

He said this in his address to a huge delegation of business leaders hailing from Blue Area who visited the Chamber under the leadership of their President Raja Hassan and Chairman Yousuf Rajput to felicitate him, Senior Vice President Abdul Rehman Siddiqui and Vice President Nasir Mehmood Chaudhry.

Qureshi, emphasized the importance of creating a favorable business environment, crucial for Pakistan’s economic prosperity and international reputation. To achieve this, he outlined key objectives, including providing equal support to all members, fostering teamwork, maintaining confidentiality, and striving for excellence. He went on to say that pharmaceutical, IT, construction and real estate sectors are aligned with Pakistan’s vision to boost exports, create jobs, and drive economic progress.

The President said that he is on a mission to transform the Islamabad Chamber of Commerce and Industry (ICCI) into a powerhouse that drives business growth and job creation in the community. He is committed to fostering industry-academia linkages, promoting entrepreneurship and startups, and opening up new business opportunities to make the community job providers rather than job seekers. With his determination and vision, the ICCI is likely to become a catalyst for economic growth and development in Pakistan, he added.

In his address Yousuf Rajput while congratulating the new leadership pledged his and his fellow business leaders’ full support to the Founder Group in future also and highlighted the crucial challenges the community is facing and underlined the need for their redressal on urgent basis.

Raja Hassan Akhtar said that we have to take revolutionary steps, change our thinking for the greater benefit of the local business community. Senior Vice President Abdul Rehman Siddiqui assured the attendees that their elected representatives will leave no stone unturned in raising their problems at the relevant forums for the quick resolution.—NNI

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Techsol Solution Private Ltd. hosts a corporate event in Karachi – Pakistan Observer

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Techsol Solution Private Limited hosted a corporate event at Karachi Golf Club in collaboration with Sang for Pakistan on the other day. The event was attended by CIOs, CTOs, and IT Heads from leading banks, FMCGs, the automotive and manufacturing industries, and the Higher Education Commission (HEC).

The event began with a recitation of the Quran by Mr. Faisal Ghauri, followed by a welcome address from Mr. Ibrahim Arshad, Managing Director and Mr Irfan Ahmed General Manager of Techsol Solution Private Limited.

Both highlighted the current IT challenges faced by the local market and how the partnership between Techsol Solution and Sangfor is addressing these issues. Mr. Arshad also expressed gratitude to Mr. Adnan Siddiqui, Sangfor’s Country Manager for Pakistan, for selecting Techsol Solution as a strategic partner.

Mr. Adnan Siddiqui then spoke about Sangfor’s success over the past seven years, emphasizing the milestone of achieving 100+ HCI deployments in Pakistan and the empowerment of local resources.

The event featured two technical presentations on Cloud Computing and Cybersecurity, delivered by Mr. Zeeshan Haider and Mr. Faran Ahmed.

The closing remarks were given by Dr. Shahzad Arshad, Chairman of Techsol Solution Private Limited, who concluded the event with heartfelt prayers for the prosperity of Pakistan and its people

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