PM calls for security of foreign investors.

GWADAR -- Prime Minister Shehbaz Sharif has urged the people of Gwadar to ensure security of foreign investors who were making huge investment for the development of Balochistan.

'China, Saudi Arabia, the UAE, Turkey, Qatar and other countries have been extending financial and diplomatic help and cooperation to Pakistan for 75 years and bailing the country out in difficult times. If we do not fulfil our responsibility for ensuring security of their investors, engineers and workers, they will go back,' he said while speaking at a gathering of fishermen and other people at the Gwadar Business Centre during his day-long visit to the port city on Friday.

The prime minister said that during his visit to Beijing, the Chinese premier had assured him of financial help and cooperation and an agreement was signed the other day under which China would provide $2.3 billion in soft loan to Pakistan, while Saudi Arabia and the UAE also extended help to the country. He said these countries had not put any conditions for investment in PakisAtan and for developing 'our agriculture, industry, energy sector'. 'UnfortuAnately, their engineers, workers and other people, who are helping us in development, are being targeted.'

PM Sharif expressed displeasure over the delay in completing the development projects initiated five years ago in Gwadar.

Announces provision of land for establishment of Gwadar fishermen's colony

He regretted that issues relating to power and water supply in Balochistan had not been resolved for a long time. He said a contractor would start work on a 100MW electricity project over the next couple of weeks and complete it in three months. He said Iran had agreed to supply 100MW additional...

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