APP49-20 FAISALABAD: December 20 - Prime Minister Shahid Khaqan Abbasi addressing during the ground breaking ceremony of Hyundai Nishat Private Motorcar Assembly Plant at Nishat Industry. APP photo by Tasawar Abbas

FAISALABAD, Dec 20 (APP): Prime Minister Shahid Khaqan Abbasi on Wednesday categorically stated the PML-N government would complete its term and the general election would be held on July 15, 2018.
He was addressing the ground-breaking ceremony of Hyundai car plant here. The car assembly plant is a joint venture of Nishat Mills Limited (NML), one of the largest integrated textiles mills in the country, and Hyundai Motor Corporation (HMC) of South Korea.
The NML’s joint venture will produce HMC passenger cars and 1-ton range commercial vehicles in Pakistan.
The prime minister said the establishment of the car plant by Hyundai showed the trust of investors in Pakistan as well as the government’s sustained policies, which had created conducive environment for investors.
He said this investment was also a manifestation of the fact that the government’s business-friendly policies had started bringing positive results.
Khaqan Abbasi highlighted the PML-N government’s achievements over the last few years, particularly in the area of energy and said a number of electricity generation projects were installed, which addressed the electricity shortage issue.
He mentioned the constructions of roads, highways and motorways across the country as well as the establishment of gas terminals during the last over four and a half years and said, the present government did not just utter words but delivered.
The prime minister also spoke about Pakistan’s privatization policy and said the transparent privatization of MCB Bank in 1990s
– the first in privatization of financial institutions – was a success story.
He hoped that the establishment of Hyundai car plant in Faisalabad would help augment the industrial activity in the country.
Earlier, Chairman Nishat Group Mian Muhammad Mansha presented the welcome address and briefed the prime minister about their success
Governor Punjab Malik Muhammad Rafiq Rajwana, Federal Minister for Commerce and Textiles Pervez Malik, State Minister for Power
Chaudhry Abid Sher Ali, State Minister for Communication Muhammad Junaid Anwaar Chaudhry, State Minister for Interior Talal Badar
Chaudhry, Mian Muhammad Mansha Chairman Nishat Group, Chairman Millat Tractors Sikandar Mustafa and others were also present.

ALSO READ  An attractive view of sunset over the skies of Federal Capital