Private sector again urges support for Amaila

The Private Sector Commission (PSC) last evening called again on the government and opposition to take all steps necessary to ensure the passage of legislation necessary for the Amaila Falls Hydroelectricity Project.

“We cannot overemphasise the importance of this project to the future of our country.  Cheaper energy will have a transformational effect upon our manufacturing sector, and indeed all of the private sector,” the body said in a statement. “We are tired of the armchair experts who have come out of the woodwork to condemn the project on spurious economic grounds,” the PSC added.

The Hydro-Electric Power (Amendment) Bill 2013 and a motion ‘Limit on Amount Outstanding under Guarantees Given under the Guarantee of Loans (Public Corporations and Companies) Act,’ both of which the