STAFF REPORT
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday invited Chinese companies to invest heavily in renewable Energy projects in Pakistan, particularly Solar Energy.
While talking to a delegation of China Construction; Third Engineering Bureau headed by Tan Guofu, Vice Chairman of the company, the Prime Minister appreciated the company’s Vice Chairman Tan Guofu’s commitment to invest more in infrastructure and energy projects in Pakistan.
Prime Minister Sharif said the relations between Pakistan and China have been very exemplary in all areas and mentioned his recent meeting with the company’s president during his visit to China.
He also appreciated the company for its donations to the flood-affected people of Pakistan. Special Assistant Tariq Fatemi, Zafaruddin Mehmood and other senior government officials also attended the meeting.
Last month, PM Shehbaz Sharif during his Turkey visit stressed Turkish companies to invest in a 10,000-megawatt solar power project for Pakistan. Addressing a Turkiye-Pakistan Business Council meeting, the prime minister had assured the investors that the Pakistan government would create a conducive, enabling and friendly environment for them to invest in renewable energy projects.
Earlier in November, PM Shehbaz had assured provision of foolproof security to the Chinese personnel working in Pakistan and said that an across-the-board security would be ensured for those deputed on the China Pakistan Economic Corridor (CPEC) project and other joint initiatives.
To address water shortage in Pakistan’s metropolitan Karachi, the Prime Minister had said the federal government along with the Sindh government was ready to collaborate with the Chinese companies to resolve the issue.
The Prime Minister had expressed confidence that strong business and investment linkages between Pakistan and China would lead to further cementing of bilateral relations. He thanked the Chinese companies in taking special interest in Pakistan’s development projects particularly the Gwadar Port, Main Line-1 railway track and several other projects.
