28. Pakistan Steel Mills Corporation (PSMC) during the quarter July-Sept 2007 recorded the highest ever-sales figure of
Rs 9.3012 billion.
29. The Compressed Natural Gas (CNG) sector of Pakistan has attracted over Rs 70 billion investments during the last five years as a result of liberal and encouraging policies of the government. Presently, some 1,765 CNG stations are operating in the country, in
85 cities and towns, and
1000 more would be set-up in the next three years. It has provided employment for
30,000 people in the country.
30. The Securities and Exchange Commission of Pakistan (SECP) has registered
1,135 companies during the first quarter (July-September 2007). With the new registrations the total number of registered companies with SECP as of September 30 reached
50,125.
31. Telecom sector has attracted an investment of
$ 9 billion in the last three years. It alone created
80,000 jobs directly and
500,000 jobs indirectly.
32. Former corrupt and incompetent Prime Minister, Nawaz Sharif, made only one motorway – M2 (Lahore – Islamabad). Under Musharraf
6 motorways are either completed or under construction:
- •M1 (Islamabad to Peshawar) - (Rs.13 bn) - [155 km] - (started 2003 - Completed Oct 2007)
•M3 (Pindi to Faisalabad) - (Rs.5.6 bn) – [53 km] - (started 2002 – Completed 2004)
•M8 (Gwadar to Ratodero) – [1072 km] - (started 2004 – will complete 2009)
•M9 (Karachi to Hyderabad) – (Rs.6.3 bn) – [136 km]
•M10 (Karachi Northern bypass) – (Rs 3.5 bn) – [56 km] – (completed 2007)
•M11 (Lahore to Sialkot) – (Rs.23 bn) –[101 km] – (started 2006 – under construction)
33. Under Musharraf various highways under construction throughout the country. Including N5, N-25, N-35, N-45, N-50, N-55, N-65, N-70, N-75, N-80, S-1, etc.
34. General Pervez Musharraf inaugurated the Makran Coastal Highway (N-10) project in August 2001, consisting of Karachi-Gwadar, Pasni-Gwadar, and Ormara-Liari (Balochistan) Highways. The cost of the Liari-Ormara Highway was
Rs3.9 billion and that of Pasni-Gwadar Highway,
Rs2.8 billion respectively. The total length of Makran Coastal Highway is
533 kilometers.
35. 2-12-07: Sialkot International Airport Limited (SIAL) completed. The
1,002-acre airport is 13 km west of Sialkot and is linked by a road to Gujranwala, Wazirabad, Gujrat, Narowal, the Export Processing Zone (EPZ) and the Sialkot Dry Port Trust.
36. Ghandara International Airport (Islamabad) the first-ever green-field airport being built at a cost of
$400 million; with a renowned international consultant, Louis Berger Group of USA. President Musharraf laid the foundation stone of the project on April 7, 2007. It will be completed by Dec 2010. Its total area is
3700 acres (15 km˛).
37. Major Industrial estates are being developed under Musharraf’s vision: M3 industrial, Sundar industrial estate, Chakri industrial, etc.
38. Oct 2007: In the current fiscal year the Mining and Quarrying sector has registered a growth rate of
5.6 percent. Increased growth was propelled by strong growths recorded in magnetite (
30 percent), dolomite (
26.1 percent), Limestone (
25.2 percent) and chromites.
39. The government has already started various initiatives, to discover and develop world-class copper-gold deposits in Chagai Baluchistan by Australian Firms which would fetch
$500 million to $600 million per year.
40. Major reserves of COPPER & GOLD in Baluchistan’s Rekodiq area were discovered in early 2006. It has ranked Rekodiq among
the world’s top seven copper reserves. The Rekodiq mining area has proven estimated reserves of
2 billion tons of copper and
20 million ounces of gold. According to the current market price, the value of the deposits has been estimated at about
$65 billion, which would generate
thousands of jobs.
41. Executive Committee of National Economic Council (ECNEC) recently approved
45 developmental projects in its meeting, including six revised projects, with a total cost of
Rs 154.1 billion and with a foreign exchange component (FEC) of
Rs 36.8 billion.