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Punjab Chambers Co-ordination Committee (PCCC), in its fifth meeting on Monday, discussed in detail energy situation, its generation and conservation plan, participation of business community in foreign fairs and capacity building of chambers in Punjab.
Chairman PCCC Pervaiz Malik MNA and the Lahore Chamber of Commerce and Industry (LCCI) Senior Vice President Sheikh Mohammad Arshad jointly chaired the meeting that decided to gear up its efforts for the revival of economic activities aimed at generating employment, removing unnecessary red-tapism and hurdles.
Provincial Secretary Industries Dr Shujaat Ali, former LCCI President Mohammad Ali Mian and Presidents/representatives of all the Chambers in Punjab including Waseem Akhtar, President Sahiwal Chamber, S Ali Raza Saeed, President Rawalpindi Chamber also attended the meeting and gave their proposals for expediting economic activities.
Speaking on the occasion, the Chairman PCCC and MNA Pervaiz Malik said that all available resources in the province are being utilised to provide affordable energy to all segments of economy through increase in generation and conservation. He said that immediate target is to add 500-700 MW to energy supply in the province during 2011-12 and add about 2000 MW by the year 2012-13. He said that initially government development fund to be used to attract private capital.
Pervaiz Malik informed the participants that besides focusing on coal-based power generation projects in Punjab a special attention is being given towards small-scale biomass (5-15 MWs) projects. He said that Energy Development Action Plan for short and medium term has also been evolved to cope with the situation.
The Chairman PCCC said that the Chief Minister Punjab Mian Shahbaz Sharif wants maximum participation of private sector in foreign trade fairs and for this purpose a delegation is being arranged for China EURASIA Expo scheduled for September 1 to September 5 in Chinese city Urumqi. Speaking on the occasion, the LCCI Senior Vice President Sheikh Mohammad Arshad called for co-ordinated efforts and a wholesome approach to find out the solutions to the issues being faced by the trade and industry.
He said that the business community of Lahore was ready to play its due role for the revival of economic activities in the province. The LCCI former President Mohammad Ali Mian said that a little attention towards alternate power generation means and incentives to the private sector could do the miracle in shortest possible time.

Copyright Business Recorder, 2011

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