RAWALPINDI, Oct 4: The Rawalpindi Chamber of Commerce and Industry (RCCI) on Thursday expressed concern over World Bank’s refusal to provide funds for Diamer-Bhasha Dam, terming it an international conspiracy.

According to a press release, RCCI President Manzar Khurshid Sheikh said the government should utilise its own resources to complete mega projects. He demanded of the government to create consensus on Kalabagh Dam, which according to experts was the most viable solution to the prevailing energy crunch.

The RCCI chief was talking to a delegation of traders and industrialists here on Thursday.

Senior Vice-President Pervaiz Warriach, Vice-President Nadeem Rauf, group leader Najamul Haq Malik, Sheikh Siddique, Iqbal Ahmed and other members of the chamber were also present.

Mr Khurshid said the construction of Kalabagh Dam was in the interest of the country as it was cheaper and had much more production capacity than Bhasha Dam.  “The government must create a consensus on the issue as billion of dollars have already been spent on the project,” he added.

Opinion

Editorial

Missing links
27 Apr, 2024

Missing links

THE deplorable practice of enforced disappearances is an affront to due process and the rule of law. Pakistan has...
Freedom to report?
27 Apr, 2024

Freedom to report?

AN accountability court has barred former prime minister Imran Khan and his wife from criticising the establishment...
After Bismah
27 Apr, 2024

After Bismah

BISMAH Maroof’s contribution to Pakistan cricket extends beyond the field. The 32-year old, Pakistan’s...
Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...