ISLAMABAD: Business community of Pakistan unconditionally support decision of the government to expedite import of gas from Iran and Turkmenistan to ensure energy security, a business leader said Wednesday.
Government has allocated Rs 25 billion for the development of gas infrastructure which is laudable but the amount should be doubled, said Atif Ikram Sheikh, former president ICCI.
In a statement issued here Wednesday , he said that construction of dozens of power plants, decision to import of gas from Iran and Turkmenistan and other steps speaks of the priorities of the government to settle energy crisis which will boost GDP by three percent.
These initiatives of the Nawaz administration will improve production, boost exports and reduce unemployment, he added.
Atif Ikram Sheikh said that TAPI is supported by US, World Bank and ADB while IPI is still under sanctions but government continue to find a way to start import of gas.