Karachi, May 12, 2012 (PPI-OT): Karachi Chamber of Commerce and Industry’s Acting President Younus Muhammad Bashir has strongly reacted over the statement from planning commission terming the Thar Coal project “unworkable”. He stated that Chairman Sindh Board of Investment Muhammad Zubair Motiwala has completely denied news item appearing in the media by planning commission declaring Thar Coal projects as unworkable.
SBI Chairman has said that Thar Coal is National Strategic Reserve of Pakistan and it has been duly vetted by International agencies considered as authority on Coal and further companies in coal and mining and power generation through coal business have committed to invest more than 15 billion USD in Thar. They have done so only after complete due diligence. Statements like these tantamount to sabotaging the most important project for Pakistan and its economy.
For more information, contact:
M. Shafiq Baig
Public Relations Officer
Karachi Chamber of Commerce and Industry (KCCI)
Tel: +9221 9921 8001 -09
Fax: +9221 9921 8010
Email: email@example.com, firstname.lastname@example.org