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Government decision to materialize Iran-Pakistan Gas Pipeline project hailed

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Islamabad, February 02, 2013 (PPI-OT): Mr. Tariq Sayeed, Chairman Pak-Iran Business Council and former President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has hailed the Government of Pakistan for its decision to materialize Iran- Pakistan Gas Pipeline project stating it as a land mark achievement.

Mr. Sayeed who is also Vice President of the Confederation of Asia Pacific Chambers of Commerce and Industry said that approval of $1.5 billion by Cabinet for construction of 785 Km gas pipeline is a bold decision, which will transform the project into reality, which was dreamed in 1950s.

He felicitated the Parliamentarians of the ruling and the coalition parties for exhibiting their greater will, which will add respect to the country as a sovereign state. “No individual or any foreign country is above the sovereignty of Pakistan” said Mr. Sayeed and added that the business community stands by the current Governments on all issues, which are in the best interest of the country and the common men.

Mr. Sayeed added that every country has the right to take decision in the larger interest of its economic growth and the functioning of IP Gas pipeline will ensure supply of 750 million cubic feet of natural gas per day and help bridge energy gap, required to keep industrial and commercial wheel of the country into perpetual motion.

Tariq Sayeed also a former President of SAARC Chamber of Commerce and Industry was of the opinion that Iran-Pakistan Gas Pipeline was an important step forward and its successful operation will inspire the leadership of South Asia to implement another propose project Turkmenistan, Afghanistan, Pakistan and India (TAPI) Gas pipeline, subsequently benefiting to the entire region of South Asia.

For more information, contact:
Syed Masood Alam Rizvi
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road,
Karachi-75600, Pakistan
Tel: 0092-21-35873691, 93-94
Fax: +9221 3587 4332


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