Eversince Pakistan came into existence many government officials came and passed by which also included some great leaders like"Zulfiqar Ali Bhutto"and"Liaquat Ali Khan".But most of them failed to change the infrastructure of Pakistan due to the fact that they never bought awareness in the people of this country.
Present President of Pakistan and Ex Chief of Army staff Pervaiz Musharraf noticed this thing and immediately started working on this critical point.The things Mr President has done in making infrastructure of Pakistan more beneficial as well as useful are as follows.
Efforts made by President Pervaiz Musharraf
in changing the infrastructure of Pakistan
1. Dubai Ports World announced on 1 June 2006 that it will spend $10 billion to develop real estate, infrastructure and transport in Pakistan.
2. Emaar Properties announced on 31st May 2006 three real estates developments in the cities of Islamabad and Karachi. The projects, with a total investment of $2.4 billion, will include developing commercial and residential property.
3. Emaar Properties also signed an unprecedented $43 billion deal to develop two Island resorts – Bundal Island and Buddo Island – over the decade.
4. International Petroleum Investment Co., owned by the government of Abu Dhabi in the United Arab Emirates, has received approval from Pakistan’s government to build a $5 billion Oil refinery at Hub in Baluchistan. The refinery, which will be Pakistan’s biggest, will have the capacity to process 300,000 barrels of oil a day.
5. 2006: The government is all set to establish an ‘Oil city’ with an investment of $40 billion at Gwadar Port to make it the biggest crude and refined oil storage base in the region. The government has allotted 12,500 acres of land in Gwadar. The Chinese Petroleum Chamber would come up with $12.5 billion investment plan for the project.
6. Canadian Oil & Gas Company signed a $200 million project with Pakistan that would generate 50,000 direct jobs in Sindh. It will explore, develop, produce and commercialize Coal Bed Methane (CBM) in Pakistan up-to 70,000 barrels a day for about 20 years.
7. July 2006: The Government awarded three blocks in the country’s offshore Indus Delta to British Petroleum Pakistan. BP Pakistan (formerly known as Union Texas Pakistan) will explore gas blocks U, V and W, covering an area of 21,000 square km, for oil and gas reserves.
8. Dubai’s foreign investment in Pakistan’s capital markets recorded significant growth in 2006 and more than doubled to Dh1.278 billion ($351.5 million) by June 30th of this year. It stood at Dh554.9 million last year.
9.The credit of building the Chashma-2 goes to the Musharraf Government. PM Shaukat Aziz launched work on the billion dollars 325-megawatt plant in Chashma, which is the second to be built at the site with Chinese help. The cost of Chashma-2 is around Rs 51 billion, which also includes Rs20.1 billion foreign exchange component.
10. Sept 26: Am Power Company, a Kuwait-based company, intends to build 225MW combined cycle Power project located at the Sundar Industrial Estate at an estimated cost of $200 million.
11.In the much-awaited, but positive development, WAPDA has finalized a Chinese consortium, China Gezhouba (group) Co Ltd China and CMEC, China (CGGC-CMEC), for the construction of strategically the most important project: 969 MW Neelum-Jhelum Hydropower. Cost of Construction is above $1.8 billion.
12.French Renault is establishing a 40-million-euro assembling plant of Renault Logan cars in the country, with the production capacity of 15,000 automobiles per year. This project would attract 40 million euros’ investment and create 600 job opportunities.
13.The automobile industry in Pakistan has made remarkable progress during the last few years. Despite low indigenous base, it has attracted almost Rs100 billion investments. Rs 52 billion has come in direct manufacturing and Rs 35 billon in ancillary industry.
Pakistan Suzuki, a leading automobile company, has achieved exports worth $957 million during the last financial year 2005-06, which has been considered by the government as an encouraging sign.
14.A Manchester (UK) firm called Drillcorer has just moved production of its drills to Pakistan. The result is that it can now sell them for £15,000 rather than the £65,000 it would have had to charge if they were produced in Britain.
15. Brunei government is financing the US$2.6 million training “Institute for Pakistan Foreign Service”. Under construction.
16. Pakistan ranked first among all developing world recipients in the value of Arms transfer agreements in 2006, concluding $5.1 billion in such agreements.
17.Standard Chartered Bank of Pakistan (SCBP) has made a mega investment of Rs 30 billion to grow in a significant way in Pakistan.
18.Capital Investment Overseas, an Abu Dhabi based company, will build a five-star hotel in Lahore, with an estimated investment of Rs20 billion (Dh1.25 billion). The construction of the 602 room hotel will be completed by the year 2011.
19.The Pakistan economy is among the fastest growing economies in the world, having reached the size of $160 billion from a mere $70 billion in 1999. Furthermore, Pakistan attracted a record investment of $6 billion last year.
20.Public sector development program (PSDP) has grown from Rs 80 billion in 1999 to Rs 520 billion in 2007.
21.The rate of growth in Pakistan’s Large Scale Manufacturing (LSM) is at a 30-year high. Construction activity is at a 17-year high.
22.The Infrastructure Industries Index, which measures the performance of seven industries (i.e., Electricity generation, Natural gas, Crude oil, Petroleum products, Basic metal, Cement and coal) has recorded a 26.2 percent growth in the Industrial sector of Pakistan.
23.According to an IMF report, Pakistan is 3rd in Banking profitability in the world. On the IMF chart, Pakistan’s banking profitability is on third position after Colombia and Venezuela. On the same IMF chart, India is on the 36th position and China is on the 40th position.
24.According to the Economic Survey 2005, poverty in Pakistan in 2001 was 34.46%. And now, after 7-8 years of Musharraf, poverty in 2005 was 23.9%. Thus, poverty DECREASED by 10.56%. Overall, 12 million people have been pushed out of Poverty in 2001 - 2005!
25.The Government has approved to give at least 4% of GDP to Education in the 2007 budget.
26. In 1999-2000 there were 31 Public Universities. Now 2005-2006 there are 49 Public Universities.
Air University (established 2002); Institute of Space technology, ISB (established 2002); Sardar Bahadur Khan Women University, Quetta (established 2004); University of Science & Technology, Bannu (established 2005); University of Hazara (founded 2002); Malakand university, Chakdara (established 2002); Karakurum International university, Gilgit (established 2002); University of Gujrat (established 2004); Virtual University of Pakistan, Lahore (established 2002); Sarhad University of IT, Peshawar (established 2001); etc.
27.Defense Exports of Pakistan have crossed the $200 million mark as the country’s robust Defense manufacturing industry continues to expand. This was disclosed by Major General Syed Absar Hussain, Director General, Defense Export Promotion Organization (“International Defence Exhibition and Seminar (IDEAS) 2006″ held at karachi.).
28.President Musharraf inaugurated an 18 Mega Watt Naltar hydro power project, of over Rs. 1.36 billion. The project was completed in four years at Naltar near Gilgit.
29.The Private Power Infrastructure Board (PPIB) has approved expansion of Tarbela dam power project which would generate 960 MW costing $500 million.
30. President Musharraf said that many canals, including the Thal and Raini canals, were being constructed for better utilization of the available water. He said Rs66 billion was being spent on the brick-lining of 87,000 canals in the country, adding that 6,000 new canals would be brick-lined next year.
31.Around 80,000 jobs have been created by the Telecom sector alone.
32.Major Mega projects like the Saindak, Rekodiq, Marble production, Coal production and Mining & Quarrying are being pursued.
33.Karachi stock market: rose from 700 points to 13,000 points.
34.Literacy rate has improved by 11%.
35.GWADAR advance mega Sea port developed under Musharraf’s vision.
36.Newly found World class copper- gold deposits in Chagai will fetch around $600 million per year.
37.Industrial sector registered 26% growth.
38.Six major highways under construction.
39.Pakistan software now values around $2 billion, including $1 billion exports.
40. Pakistan Steel Mills Corporation (PSMC) during the quarter July-Sept 2007 recorded the highest ever-sales figure of Rs 9.3012 billion.
These are not all but are the known ones.Hence this thing is clear that Pervaiz musharraf has contributed to Pakistan alot and we should be thankful to him for being sincere and loyal to his country.Long live Mr.President.
Pakistan Zindabad!!!
No comments:
Post a Comment