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FAISALABAD: Prime
Minister Shahid Khaqan Abbasi addressing the members of Faisalabad Chamber of
Commerce and Industry at Faisalabad Industrial State, here Wednesday. - APP
photo
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Thursday, December 21, 2017

Industrialization gains momentum in Pakistan: PM
Opens Hyundai Nishat vehicle assembly plant in Faisalabad;
Will complete term, election to be held as scheduled next year
FAISALABAD: Prime Minister
Shahid Khaqan Abbasi has categorically stated the PML-N government will
complete its term and general election will be held on July 15 next year.
He was addressing the
ground-breaking ceremony of Hyundai car plant in Faisalabad Wednesday.
The car assembly plant is a
joint venture of Nishat Mills Limited and Hyundai Motor Corporation of South
Korea.
The joint venture will produce
Hyundai passenger cars and 1-ton range commercial vehicles in Pakistan.
Addressing the members of the
Faisalabad Chamber of Commerce & Industry (FCCI) soon after performing the
groundbreaking ceremony of car assembly plant of Hyundai Nishat Motor (Pvt) Ltd
in M-3 Industrial city near here, he said the government had fulfilled its
commitment to overcome electricity and gas shortage and now its focus was to
cut the cost of doing business, particularly for the industrial sector.
Underlining the importance of
industrialization, he said that private sector had to play its role for the
establishment of new industrial units as government had ensured continuous
supply of gas and electricity.
"We are now concentrating
to make energy affordable for industry" he said adding its cost had been
increased due to ill-conceived policies of previous governments.
He said the government would
facilitate the private sector by providing them best possible infrastructure in
the shape of state-of-the-art industrial estates, motorways, etc.
Prime Minister Shahid Khaqan
Abbasi has said that the government will complete the ruling term of five years
and election will be held as scheduled next year.
The PM further claimed that the
results of PML-N's positive policies are evident in the country and that people
will decide who they want to be ruled by in the next elections while expressing
confidence that PML-N will again achieve public mandate. On the other hand, he
thanked Hyundai and Nishat group for their investment in the country and citing
the example of gas terminals establishment, added that privatization works well
for Pakistan which attracts private investment.-NNI
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About M. Imran Sharif
M. Imran Sharif born in Hyderabad Sindh, he initially worked as a photographer with Pakistani newspaper and currently working as a special correspondent in The Financial Daily since August 2007, He began his journalistic career with Daily Imroz as a photographer.
2 years after serving in Imroz, he served as Special Correspondent of the monthly "Awami Awaz" Hyderabad.
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