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In
the post September 2001 era, Pakistan has emerged with a new identity
offering enormous opportunities as well as new challenges. The
incident and following events have brought a drastic change in the
attitude of people and governments. It is necessary that we take an
account of what we have gained and/or lost over the five decades. On
this day the Muslims pledged to start the movement for an independent
country, free from all types of exploitation. The indicators provide
sufficient signals for expected turn around. However, the temporary
gains should not distract us from pursuing reforms vigorously.
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NEW
OIL REFINERY
A
new oil refinery with an installed capacity of 30,000 barrel per day
with an estimated cost of $50 million is likely to go into production
by October-November in Pakistan this year. Refining sector in Pakistan
has a total capacity of 11 million tons a year as against the
consumption of 18 million tons per annum. Existing oil refineries in
Pakistan are including National Refinery, Pakistan Refinery, Attock
Refinery and Pak Arab Refinery (PARCO).
EXPORT
The
Export Promotion Bureau (EPB) has launched an aggressive marketing
campaign of Pakistani products in Africa, Eastern Europe, South
America, Central Asia Republics, Australia and New Zealand. In order
to carry out the scheme, EPB plans to hire warehouse space of about
10,000 to 30,000 square feet for ex-stock goods, surgical instruments
and other goods in these countries.