President Asif Zardari lays foundation stone of various development projects in Sindh - Pakistan News Digest

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President Asif Zardari lays foundation stone of various development projects in Sindh

Naudero/Benazirabad/Dadu: President Asif Ali Zardari has emphasized the need for building road network throughout the country to attract investment and fully exploiting the geo-strategic location of Pakistan.

He was laying foundation stones of various developmental projects aimed at further improving the communication infrastructure and enhancing the education facilities in Sindh province on Friday.

The projects inaugurated today included 61-kilometer Larkana-Naudero-Lakhi Road‚ a 19-kilometer Sakrand-Shaheed Benazirabad and 15-kilometer Ratodero-Naudero Road via Garhi Khuda Baksh.

President said that geo strategic location of Pakistan at the cross roads of Central and South Asia offers the country to serve a huge market of over three billion in our neighborhood.

He said that the roads will further improve connectivity of interior Sindh with the economic life line N-5 and the Indus Highway.

President Zardari said the government has completed seven road projects costing 18 billion rupees in the province.

He also inaugurated Shaheed Benazir Bhutto University of Veterinary and Animal Sciences Sakrand‚ Shaheed Benazir Bhutto Chair and Convention Centre of Sindh University Jamshoro and also laid the foundation of Dadu Campus of the Sindh University.

President said despite the challenges of terrorism and natural disasters the economy has shown great resilience and is steadily recovering. He said that interest rates have come down twice and large scale manufacturing has also increased this year compared with last year besides growth shown by services sector and constantly increasing per capita income.

He said that Karachi Stock Exchange which was trading at 5500 points in 2008 has performed tremendously and is trading at above 16000 points at present.

President said Pakistan has abundant sunshine that can be used for power generation and the abundant coal reserves of the country are ready to be converted into electricity and diesel.

He said the country is blessed with all kinds of precious minerals which are lying untapped and urged for exploiting this wealth.

President Zardari said the best way to fight extremism is to generate economic activity in the region.

He said: “We have liberalized visa regime and improved trade relations with India for peace and stability in the region.


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