Tag Archives: PBIF

Pakistan Good Market for Manufacturing of Telecom Equipment:PBIF

Pakistan Good Market for Manufacturing of Telecom Equipment:PBIF


Ram zi | December 26, 2017 | category: Business

Pakistan good market for manufacturing of telecom equipment: PBIF. President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has said Pakistan is a good market for manufacturing of mobile sets, telecom and internet equipment. While talking to the delegation of businessmen ,on Tuesday he said that the investors seem more interested in importing these things rather than establishing manufacturing facilities.

Mian Zahid Hussain said that around fourteen crore people are using cellphones while 4.5 crore people are using broadband. He said that devaluation of rupee, an imposition of regulatory duty and discouraging smuggling has increased the prices of handsets in the market which is an opportunity for the local investors to establish manufacturing facilities.

The business leader noted that the prices of common mobile phones used by the poor have also been increased due to the steps taken by the government. The authorities should try to make the phones used by poor a little cheaper, he demanded. The number of users of 3G and 4G continues to increase while the users of portable internet devices are also increasing at a rapid pace.
The telecom and mobile companies need to improve their services so that more people can be attracted while the government can review the taxation regime.

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PBIF Criticises the Decision to Provide LNG to Private Housing Schemes

PBIF Criticises the Decision to Provide LNG to Private Housing Schemes


Sumera Saeed | December 15, 2017 | category: News

PBIF Criticises the Decision to Provide LNG to Private Housing Schemes . President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has criticised decision of a gas facility to deny natural gas to the private housing societies and provide them with costly LNG.
In an statement on Friday ,he also criticised the decision of the gas company to put the burden of the connections, billing and recovery on the owners of the housing projects which will add to their problems.

Mian Zahid Hussain said that the government had repeatedly claimed that imported gas would be provided to the commercial and industrial sector while the domestic sector would get local gas. Now, the authorities are not keeping their promise as and trying to milk masses for profit which is not acceptable, he said, adding that such a move will damage the economy and the masses.

The move to provide costly LNG to masses will dent the reputation of the government which had assured masses that import of LNG will not hurt their interests, he added.
He said that government has failed to cater the increasing demand of housing units while the private sector is trying to bridge the gap, therefore, it should not be discouraged.

Property and housing sector is growing at a fast pace supporting dozens of industries and providing jobs to tens of millions, therefore, it should be spared.
The decision of the gas company will result in a crisis in which masses can lose trillions of rupees, The former minister warned.

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