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Pakistan Hotels Association Election Results for the Year 2020-21

Pakistan Hotels Association annual elections were held during July to September, 2020 and Election Results were announced at its 56th Annual General Meeting held on September 29, 2020 at Regent Plaza Hotel, Karachi. Following Office Bearers and Executive Committee Members have been elected for the term 2020-21:

  1. Mr. Haseeb A. Gardezi – Chairman

Mr. Haseeb Amjad Gardezi is a C—level professional with over 24 years of diversified senior management and hospitality experience. Being a certified Management and Hospitality professional from Cornell School of Hotel Administration, USA is working as Chief Operating Officer, Hospitality Division of Hashoo Group and CEO of Hotel One (Pvt.) Limited. Hashoo Group owns and operates Marriott and Pearl-Continental Hotels in Luxury segment and Hotel Ones’ in the select service segment. He introduced the concept of Franchise management in limited Service lodging facility in Pakistan under the brand name of Hotel One by Pearl-Continental and heads the largest national network of such facility of Hotel Ones’

  1. Mr. Shakir Abu Bakar Bhura – Senior Vice Chairman     

Mr. Shakir Abu Bakar is a C-level Finance Executive with professional experience spanning over 32 years across a range of industries including Hospitality, Real Estate, Construction & Petroleum.  He has been associated with the Hashoo Group for more than 20 years and has served in different senior management positions. Currently Mr. Shakir is with Hashoo Group as Chief Financial Officer Hospitality & Real Estate Division. He joined the HHL Board in the year 2020 and is also on the Board of other Group companies and member of the Audit & HR Committees. Leader with ability to strike a practical balance between the mitigation of risk & capitalization of opportunities

  1. Mr. Mirza Mansoor Ahmed – Vice Chairman South

Mirza Mansoor Ahmed a well-known professional in the hospitality industry of Pakistan with more than 30 years of experience, and first General Manager, Movenpick Hotel Karachi since last many years. He has remained General Manager of Karachi Marriott Hotel, prior to this, he was with the Pearl Continentals in their Lahore and Karachi properties.

  1. Mr. Irshad B. Anjum – Vice Chairman North

Mr. Irshad B. Anjum, Director Operations, Faletti’s Hotel Lahore since 2014 with vast experience, who started his career since 1970 with Food & Beverage education from Germany and USA and work experience in Germany, USA, London, Dubai and Afganishtan. He has been General Manager on Pearl Continental Hotel properties in Karachi, Bhurban and Lahore

Following are the Executive Committee Members of PHA with their active role and participation to promote hotel and tourism industry of Pakistan:

  1. Mr. Zubair Baweja, M.D. Pakistan Hotels Developers Limited / Regent Plaza Hotel Karachi
  2. Mr. Ameen Lakhani, Corporate Director Finance, TPS / Serena Hotels
  3. Mr. Rehan Faiz Pirzada, Cluster General Manager, Karachi Marriott Hotel
  4. Mr. Mohammad Akhtar Bawany, Vice Chairman, Pakistan Services Limited
  5. Mr. Fazal Ellahi Kushtiwala, Director, Hotel Jabees Karachi
  6. Mr. Hameed A. Kidwai, Group Advisor, Hashoo Group – Islamabad Marriott Hotel
  7. Barrister Mansoor Shah, Director, Samsons Inn Hotel, Malam Jabba, Swat
  8. Ms. Fauzia Hashi Oila, Director Sales, Serena Hotels / TPS, Karachi
  9. Mr. Amjad Hussain Durrani, Assistant Director Finance, Hotel Mehran Karachi

Secretary General            

Pakistan Hotels Association

Afghan Peace Process: Spoilers will be the biggest losers in end game: Salman Bashir

DNA

ISLAMABAD, OCT 10 –  Ambassador (retd) Salman Bashir, Pakistan’s former Foreign Secretary has warned that the international and regional spoilers conspiring against Afghan peace process would themselves be the biggest losers in the end game.

He was addressing the launch of Pakistan’s former ambassador to Afghanistan, Ambassador (retd) Syed Abrar Hussain’s book Afghanistan: Mulla Umer se Ashraf Ghani Tak recently published by IPS Press – the publishing arm of Institute of Policy Studies, Islamabad – which also included a roundtable discussion on the recent developments on Afghanistan after 19 years of US invasion.

Ambassador (r) Syed Abrar Hussain has served as a Pakistani representative in Afghanistan on more than one occasions, whereas his services in the Foreign Ministry also had a lot to do with the country’s affairs. The writer witnessed history being made during all this time, while having an opportunity to observe various landmark events very closely.

Personal accounts of historic events from Mulla Umar’s era and during Ashraf Ghani’s time, a rich commentary on the history of Pak-Afghan relations and also insights into the Afghan peace process are key features of the fascinating memoirs. The author has also presented an admissible strategy at the end of the publication for the amelioration of Pak-Afghan relations, which should be looked at by the policy circles of both sides with sincerity and honesty. The given recommendations not only have the potential to improve bilateral relations between Pakistan and Afghanistan, but can also pave way for achieving sustainable, long-lasting peace in the region.

Chaired and hosted by Khalid Rahman, executive president, IPS, the session was addressed, among others, by Ambassador (r) Abdul Basit, Ambassador (r) Ayaz Wazir, Brig (r) Said Nazir Mohmand, Air Cdr (r) Khalid Iqbal, Ammara Durrani, senior research fellow, Jinnah Institute, Afghan scholars Professor Haroon Khatibi and Naseer Ahmed Naveedi from Center for Strategic and Regional Studies (CSRS), Kabul, Dr Adnan Sarwar Khan, former dean, Peshawar University, and senior journalists Faizullah Khan (ARY) and Naimat Khan (Arab News).

Ammara Durrani was of the view that international media and academia does not give much space to Pakistani perspective in geopolitics and there are hardly any Pakistani commentators visible. Pakistan must make use of its diplomats and train them to help set Pakistani narrative through mainstream and social media at the global stage.

Commending the book she said that such efforts need to be amplified so that the generations of today in Afghanistan and Pakistan should know the pre-9/11 history of both the nations.

Ambassaor (r) Basit stated that Taliban claim themselves as “Islamic Emirate” and as an ideological movement their strength did not lie in democracy as any such move would only break their organization and end their clout. They may never become part of any democratic government in a republican Afghanistan. He feared that there may not be any intra-Afghan reconciliation in the end and the development may only prove to be an effort to buy or consume some time. Pakistan on the other hand should stay prepared for any such scenarios, and instead of taking credit for the peace process and taking the burden of more responsibilities in the process, should try to carve out a backup strategy as well, bringing all stakeholders on one page, developing a consistent policy and they propagating effectively through a well-formed narrative.

The speakers in general were unanimous that as much as it was essential for Pakistani narrative to reach out to the world outside. It was rued that there are many books available by Indian authors and researchers on the topic of Afghanistan, but any presentable work by a Pakistani author on the subject was hard to find.

The experts underscored the need for utilizing the wealth of knowledge Pakistan’s foreign policy practitioners possessed, suggesting that the training of Pakistan’s former high commissioners and ambassadors on efficient use of conventional and social media for indigenous knowledge production could be a useful tool to further the country’s foreign policy objectives. Abrar Hussain’s publication, they viewed, could be seen as a valuable resource in this regard.

It was also stressed that alongside taking on-ground steps, Pakistan should also focus on effectively propagating its narrative internationally by apprising the world what the country has done for Afghanistan and regional peace so far and where it will be headed to in the future.

FBR has become a refund collections institution

DNA

ISLAMABAD – FBR seems to be more interested in collecting refunds than taxes which is damaging the fragile economy, an FPCCI official said Saturday.

The refund system should be automated and its responsibility should rest with the central bank to reduce complaints and corruption and improve the economic situation, said Convener FPCCI Central Standing Committee on Insurance said Dr. Murtaza Mughal.

He said that the government is trying hard to inject new blood in the economy and restore the confidence of the business community but the tax mechanism is working against it.

Unrealistic tax targets have compelled the FBR to strangulate the business activities through highhandedness to show performance, he added.

Dr. Murtaza Mughal who is also President of the Pakistan Economy Watch said that FBR continues to issue SROs which violates the government’s intention to spur growth.

He said that recently SRO 889 has been issued for surveillance of factories which is being opposed by the industrialists as it will trigger harassment, corruption and litigation.

Similarly, through two SROs, banks have been directed to report anyone withdrawing one million rupees or more and depositing ten million rupees or more while real estate agents have been directed to report all the sales and purchases to FBR.

These SROs will damage the realty sector, discourage investment and may reverse the gains made through the construction package, amnesty scheme and other incentives offered by the government to spur growth.

He said that all over the world the real estate market is kept insulated from fear, raids, unnecessary audits but here its different which is one of the reasons Pakistanis ignore the local market and invest in the realty sector of other countries.

TIEC /NHA start construction of two additional lanes of N-55: Report

DNA

ISLAMABAD – OCT 10 – The addition of two lanes to NA-55 National road (Ratodero- Shikarpur) was formally kicked off this week, Gwadar Pro reported on Saturday.

The project is owned by National Highways Authority (NHA), and contracted by a Chinese enterprise, TIEC (Shaanxi Construction Engineering Group Corporation Limite), one of the top 250 global contractors of ENR in 2020.

Located in Shikarpur, Sindh, N-55 is about 43.4 km long. It is the first road infrastructure project in Sindh during the epidemic and the first project to be implemented by the NHA in 2020.

Meanwhile, it is reckoned as an important part of the Central Asia Regional Economic Cooperation (CAREC) plan.

At the end of August, TIEC won the bid for this project, and it is expected to be completed in 24 months.

Xu Wei, the manager of TIEC, said earlier in an interview that during the construction period of this project, TIEC will establish a joint venture with the cooperative enterprises for project management and implementation, and the labor force will mainly be Pakistani local employees.

“As a Chinese enterprise which attaches great importance to CPEC, we adhere to localized operation mode. TIEC strives to train local technical workers and management talents,” he said.

Xu stated that, “Localized operations have brought great benefits to local development. The projects provide many jobs, fund the training of local labor, and extensively use local building materials.”

TIEC has kept a close eye on the construction sector in Pakistan, such as housing, roads, airports, hospitals, and other municipal works. “We will further explore the area of construction investment as well,” Xu said.

New Naval Chief meets COAS and CJCSC

DNA

RAWALPINDI: The Chief of Naval Staff (CNS) Admiral Amjad Khan Niazi visited Pakistan army’s general headquarters (GHQ) in Rawalpindi and met the Chief of Army Staff (COAS) General Qamar Javed Bajwa, the Inter Services Public Relations (ISPR) said.

Admiral Muhammad Amjad Khan Niazi assumed the Charge as the New Naval Chief on October 7, replacing Admiral Zafar Mahmood Abbasi.

The ISPR said that during the meeting between the CNS and the COAS, matters of professional interest were discussed.

The COAS congratulated Amjad Khan Niazi on assumption of command of Pakistan Navy and hoped that Pakistan Navy will achieve new heights under his able command.

Earlier, on arrival at GHQ, the CNS laid a floral wreath at Yadgar-e-Shuhada and offered fateha for martyrs of Pakistan.

Separately, the new Chief of Naval Staff also met the Chairman Joint Chiefs of Staff Committee (CJSCS) General Nadeem Raza at Joint Staff Headquarters in Rawalpindi.

The CJCSC congratulated him on assuming the command and expressed his satisfaction over the operational readiness of Pakistan Navy.

Is it worth investing in Armenia?!

Global spread of false information about Armenia’s good performance in order to attract foreign financial resources and implementation of extensive propaganda campaigns may attract the interest of foreign investors. However, drawing attention to the facts and realities, the question arises: “Is it worth investing in Armenia?!” The facts broadly described below confirm that the answer to this question is unambiguously negative.

By Lieutenant Colonel Khalid TaimurAkram (Retd), Executive Director, Center for Global & Strategic Studies (CGSS), Islamabad

Armenia’s macroeconomic prospects do not bode well for investors

General economic indicators, high external debt, current account deficit lead to disruption of economic stability in the country, which, in its turn, jeopardizes the return on investment.

It is no coincidence that the influential international rating agency Fitch has downgraded the Long-Term Foreign-Currency Issuer Default Rating (IDR) of Armenia from BB- to B+. This indicates that the country’s solvency on obligations is extremely sensitive to the deterioration of the economic and business environment and indicates the presence of a default risk. According to the agency’s forecasts, by the end of 2020, the Armenian economy will shrink to 6.2%, and the ratio of total public debt to GDP will rise to 6.9% and will reach 65.6% by the end of 2021. In addition, according to the Doing Business report of the World Bank, Armenia has established itself at the lowest position (47) in the region.

Armenia is the country with the most limited logistic opportunities in the region.

The lack of direct access to the sea, remoteness from international logistic projects and, at the same time, closed borders with two neighboring countries due to the occupation policy towards Azerbaijan, further exacerbate these restrictions and increase transport costs.

Armenia has low investment potential

In Armenia, the main indicators that are taken into account to when making direct foreign investments are very low. So, Armenia does not meet such requirements as an indicator of investment efficiency, the availability of resources, the volume of strategic assets, the availability of a specialized workforce, and the availability of opportunities to enter foreign markets. The negative macroeconomic environment of this country, which is very poor in terms of resources, and the low level of strategic assets are sufficient to prevent adequate investors from choosing it. In addition, the problems with access to foreign markets due to logistical constraints, a low quantity of labor force due to depopulation and a high rate of emigration have a negative impact on the efficiency of investments in Armenia.

The small amount of land suitable for agriculture and the remoteness of export markets also reduce the country’s potential in this area.

Included in the list of top 25 countries for the ineffective fight against coronavirus, Armenia once again proved the limitedness of its institutional resources

By being unable to combat the COVID-19 coronavirus effectively, Armenia has brought the country’s economy face to face with great damage in various areas. This country has the highest level of infection and deaths in the region, and this situation continues. Thus, Armenia ranks 23 with the number of COVID-19 deaths per million people (337.09 per million). It ranks first among the post-Soviet countries. Today, the number of infected is increasing as well.

Unstable political environment in Armenia also increases investment risks

The political instability in the country, government’s multidirectional and inadequate foreign policy, as well as the direct impact of this policy on companies investing in Armenia, make it difficult to predict the long-term risks of investment activities carried out in this country.

Mono-nationalistic inclinations of the Armenian people make it difficult for foreign citizens to work in the country

While other countries in the region are multinational, Armenians make the majority of the Armenia’s population, and that proves the mono-nationalistic inclination of the Armenians. The Armenian people often do not show tolerance towards investors and create obstacles for their activities. In its turn, the government avoids protecting the rights of investors. The deliberate harassment of investors coming from certain countries and the application of various sanctions against them is also part of the biased policy of the Armenian government. Thus, due to the pressure exerted on it and various obstacles created against its activities, “Lydian International”, operating in Armenia, lost activity and faced the suspension of the sale of shares on the Toronto Stock Exchange.

Investments made in Armenia finance its aggressive occupation policy
The occupation policy of Armenia against Azerbaijan contradicts all international acts and norms. Settlement, mining, and economic activity in various spheres in the territories that are internationally proved (UN Security Council Resolutions on the Nagorno-Karabakh conflict No. 822, 853, 874, 884) to belong to the Republic of Azerbaijan without the consent of the Azerbaijan’s government bring government of Armenia as well as private companies involved in this activity to legal responsibility. As a result, investors investing for profit are put at risk of paying compensations. In other words, because of high risk/reward ratio the investments in the territories occupied by Armenia is not a rational step. At the same time, the attempts of Armenia to propagate groundless false information met counterarguments proved by facts, and that made the country lose its influence in the international arena. It also confirmed that the country is not reliable for cooperation in various fields.

Coming to moral and humane approach, by pursuing an aggressive policy for many years, inflicting damage on the civilian population and settlements with its military equipment, Armenia continues the conflict that can be resolved peacefully. Moreover, we should emphasize that Armenians also launched unexpected strikes not on the areas of hostilities, but on civilian targets located in other regions not related to these battles.

At the same time, by using long-range cluster missiles banned throughout the world to engage civilian targets Armenia also violated the Geneva Conventions. 27 civilians killed and 141 wounded within only 10 days because of attacks of Armenian army proves how far it is from humanism.

Armenia’s government forcibly draws its citizens to war and does not take into account the population’s desire for peace, the lack of food, and the difficult living conditions in the country. In parallel, Azerbaijan has repeatedly offered and is still offering an easy peaceful solution to the conflict without losses. Not caring about the social well-being of its citizens, Armenia resorts to large external borrowings and directs the financial resources flowing into the country to its aggressive policy. Investments made in Armenia, taxes and fees paid to the state budget, support the policy of economic militarism of this country. From this point of view, even if not taking into account the other listed risks, investments made in the Armenian state are considered at least inhuman and directed against society.

That is why we call every investor to think seriously before investing in Armenia.

CCP, SDPI sign MoU for improving analysis of policy actions

ISLAMABAD, OCT 9 (DNA) – The Competition Commission of Pakistan (CCP) and the Sustainable Development Policy Institute signed a Memorandum of Understanding for further strengthening analysis of policy actions that results in distortions in the economy and combating anti-competitive practices.

The MoU was signed by Rahat Kaunain Hassan, Chairperson CCP and Abid Qaiyum Suleri, Executive Director (ED), SDPI in a ceremony held at CCP Head Office. The ceremony was attended by CCP’s Members Ms. Shaista Bano, and Mr. Mujtaba Ahmad Lodhi, and senior officers of both SDPI and CCP.

The MoU has been signed to forge a strategic partnership between the CCP and SDPI for sharing of information on matters of mutual benefit relating to their respective mandates. SDPI has been ranked as the number-1 policy research think tank in Pakistan and many of SDPI’s publications and research activities are relevant to the CCP’s work.

There is a need to identify where regulations restrict economic activity and distort competitive forces. Barriers to market efficiencies and competition are often traceable to distortionary policy design and implementation.

Among other, sector-specific policies in agriculture, power, financial sectors, and foreign trade have resulted in market distortions over the years.

CCP and SDPI will endeavour to make collaborative efforts, co-operating with each other in launching new research on economic priority areas, conducting regulatory impact analyses, policy analyses, policy outreach, and capacity building activities.

As part of these efforts, SDPI will regularly provide training to CCP officials on matters relating to economic research while CCP will provide training to SDPI officials on matters relating to the competition law and policy. Both organisations will also take steps to develop linkages and partnerships with international organisations that can assist them in their collaborative activities.

The Chairperson CCP and Executive Director SDPI expressed the resolve to effectively implement the MoU for the greater benefit of their respective organisations and other stakeholders.=DNA

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Azerbaijani MFA responds to Armenians’ claims regarding Shusha

DNA

BAKU, OCT 9  — The Press Service of the Ministry of Foreign Affairs of the Republic of Azerbaijan commented on the Armenian Foreign Ministry’s statement on the targeting of places of worship and cultural monuments in Shusha.

The statement of the MFA of Armenia on the targeting of the places of religious worship and cultural monuments in the occupied Shusha city by the armed forces of Azerbaijan is yet another false accusation and provocation of Armenia aimed at diverting the attention of the international community from its deliberate shelling the densely populated residential areas, civilian infrastructures and cultural monuments in Azerbaijan.

Almost for 30 years, Armenia has pursued the policy of deliberate destruction of the Azerbaijani historical and cultural monuments in the occupied territories of Azerbaijan, aimed at removing any signs heralding their Azerbaijani legacy. Recently targeting the second biggest city, as well as the center of the historical and cultural heritage of Azerbaijan, Ganja city in rocket strikes clearly demonstrated the long-standing policy of the vandalism of Armenia.

Azerbaijan is among the countries where cultural diversity is felt clearly and openly, it is among the most religiously tolerant countries in the world. Unlike Armenia, which has committed cultural genocide, destroyed and desecrated the Muslim Mosques in the occupied territories, Azerbaijan attaches great importance to preserving the traditions of tolerance and the fact that the Armenian Saint Gregory Church in downtown Baku is fully refurbished and under State protection is a vivid example to that policy.

As officially declared by the Military Command of the Armed Forces of Azerbaijan, the targets of the Azerbaijani Army are the military infrastructures, fire positions and military units of the enemy. Azerbaijani armed forces undertake the counteroffensive measures on the sovereign territories of Azerbaijan in accordance with the international humanitarian law and Geneva Conventions.

We reiterate that Armenia’s attacks directed at civilians, that caused indiscriminate or disproportionate harm to civilians and civilian objects in Azerbaijan amount to war crimes under international humanitarian law, for which Armenia bears the liability and which also incur individual criminal responsibility of the perpetrators.

There is no doubt that all historical, cultural, religious monuments of Azerbaijan destroyed as a result of Armenia’s aggression will be restored as soon as the Nagorno-Karabakh and surrounding regions of Azerbaijan are liberated from the occupation.

The list of cultural and historical sites damaged due to shelling of armed forces of the Republic of Armenia As of 08.10.2020

Agjabadi district

–           On 27.09.2020, at about 17:10, 2 shells fell on the area of Hajilar village (population: 1424 people) mosque of Agjabedi district, as a result 6 graves were damaged.

–           On 02.10.2020, at about 17:00, as a result of a shell falling on the area of Muganli village mosque, the windows of the mosque were broken, and the ceiling of the auxiliary building collapsed.

The construction of the mosque in Muganli village (population: 1725 people) began in 1999, and it was opened for use in 2009. The religious community of “Seyid Ismail Agha” mosque is based in the mosque.

Tartar district

–           On 05.10.2020, 2 shells fell on the cemetery of Borsunlu village (population: 1190 people), as a result 6 graves were damaged.

–           On 05.10.2020, 3 shells fell on the cemetery of Gainag village (population: 1752 people), as a result 4 graves were damaged.

–           On 07.10.2020, 4 shells fell on the cemetery of Juyarli village (population: 889 people), as a result 10 graves were damaged.

–           On 07.10.2020, 2020, 5 shells fell on the cemetery of Sahlabad village (population: 2142 people), as a result 15 graves were damaged.

–           On 08.10,2020, 5 shells fell on the cemetery of Tartar city (population: 25,000 people), as a result the graves were damaged;

–           On 08.10,2020, 2 shells fell on the cemetery of Kovdadikh village (population: 179 people), as a result the graves were damaged.

–           On 08.10,2020, 4 shells fell on the cemetery of Garadagli village (population: 2310 people), as a result the graves were damaged.

Fuzuli district

– On 29.09.2020, a mausoleum of 13th century built on the memory of great Sufi Sheykh Babi Yagub, which is a sacred shrine for the Azerbaijani people and The Museum of History-Ethnography in Fuzuli region of the Republic of Azerbaijan were damaged.

Ganja city

–           On 04.10.2020, Armenia launched missile attack on Ganja, Azerbaijan’s second largest city, killing one civilian and injuring dozens. Attacks that target innocent people, women, children and infrastructure, also severely damaged school and historical men gymnasium of Ganja (inventory number 3838). Built in 1881 Ganja Gymnasium was the alma-mater of the founders of the Azerbaijan Democratic Republic of 1918. The Armenian armed forces use cluster bombs, which are prohibited by international conventions.

There were also attacks on Mingachevir city that has a hydroelectric power station as well as on Khizi and Abheron region on the same day.

–           07.08.2020,  İmamzade  historical  complex  (inventaory  number  193)  was damaged by missile fallen close to the complex.

–           On 08.10.2020, Seferkhamly mosque (inventary number 3860) üas severely damaged.

Shusha city

The Azerbaijani Ministry of Defence commented on reports of the destruction of the church in Shusha.

– “The destruction of the church in Shusha during the hostilities has nothing to do with the activities of the Azerbaijan Army. Unlike the armed forces of Armenia, which, during the shelling of Ganja on October 4, damaged civilian facilities, residential buildings, as well as the Imamzade complex, which is a religious architectural monument, the Azerbaijan Army does not target on the historical, cultural, especially religious buildings and monuments,” said the ministry.

Note: As of 08.10.2020 due to the attacks of armed forces of the Republic of Armenia targetting civilians and infrastructure 31 persons were killed, including 3 children, 9 women. 148 persons were wounded. 778 civil infrastructure, inclduing 21 schools were destroyed.

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Pak diaspora in Canada urged to pursue long-term investments in Pakistan

DNA

OTTAWA, OCT 9 – High Commissioner of Pakistan to Canada Raza Bashir Tarar has urged the Pakistani diaspora and their representative associations in Canada to synergise their resources and formulate consortiums to launch bigger investment and development initiatives in Pakistan.

“It is heartening to see the Pakistani diaspora in North America come forward and contribute generously to the development of the country of their origin through home remittances and extension of relief and assistance to fellow brothers and sisters in difficult times, but it is high time various associations and their members of Pakistani diaspora thought of investing in bigger, long-term projects in Pakistan, particularly in the agriculture, housing, education and food sectors,” said the High Commissioner.

He was talking to a group of Pakistani investors and investors who met him at the High Commission to share with him various activities and initiatives launched by them in Pakistan, particularly in the water conservation, housing and education sectors. Mubin Ahmad, a Pakistani businessman from Edmonton, Alberta, and Mr. Atta ur Rehman Syed and Mrs. Sadaf Ibrahim, President Canada Pakistan Association, National Capital Region, were also present.

Mr. Raza Bashir Tarar suggested that various associations and organisations of Pakistani diaspora in the North America put together a large business delegation consisting of potential investors among the Pakistani community to visit Pakistan and the High Commission could provide them all necessary assistance and set up their meetings with the Board of Investment and other relevant authorities in Pakistan. He also advised them to formulate concrete business proposals and the Mission could act as a catalyst for fruition of those projects.

Meanwhile, on the instructions of the High Commissioner Mr. Raza Bashir Tarar, Deputy High Commissioner Pakistan Mr. Shahbaz Malik held a detailed meeting with the Canadian Trade Commissioner to Pakistan, Mr Margaux McDonald currently visiting Canada to discuss issues related to bilateral trade.

The Deputy High Commissioner was briefed that a Canadian IT company called ‘Constellation Software’, which is the largest software company in Canada dealing with maintenance of old softwares, had hired around 1000 Pakistani software engineers and programmers, including women, from Karachi, Lahore and Islamabad.

About other projects in the pipeline, the Canadian Trade Commissioner told Pakistan’s Deputy High Commissioner that a Canadian company named JCM, involved in renewable energy particularly wind energy, had set up a 50MW plant in Jhimpir region of Sindh province, and a similar 50MW project was already in its final stages.

Both the officials also discussed the ongoing talks between the Canadian authorities with the Private Power & Infrastructure Board (PPIB) in Pakistan to forge government-to-government partnership for the construction of high-power transmission lines in Pakistan. The project, if successfully concluded and implemented, would be the first of its kind and it would be financed by multiple investors, including the Canadian Commercial Corporation (CCC), the Canadian government body involved in overseas investments. Both the officials agreed to liaise actively for enhancement of mutual trade and investment.

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