Home »Fuel and Energy » Pakistan » Chinese team evinces interest in transmission sector

  • News Desk
  • Mar 2nd, 2017
  • Comments Off on Chinese team evinces interest in transmission sector
Delegation of a Chinese energy sector company, headed by Chinese Consul General Long Dingbin, called on Punjab Chief Minister Shahbaz Sharif here on Wednesday and bared interest for investment in energy specifically transmission sector. Welcoming the investment by Chinese companies, the Chief Minister said Pakistan especially Punjab had provided a conducive environment for investors and Chinese company was encouraged for further investment for which every desired facility would be provided to them.

He said Pakistan and China cherished a strong bond of friendship which had survived through the entire thick and thins also CPEC was an incredible gift of Chinese President to Pakistan which had opened the new gates of investment here. Chinese President visited Pakistan in April 2015 and signed historical projects worth 46 billion dollars with Pakistan for which practical execution was commenced without wasting any time. He expressed amongst them some of the projects had reached their climax and some are near their completion. He proudly said that CPEC and other development projects were reshaping the history as being self-explanatory precedents of transparency and high speed.

He said that grand vision of One Belt One Road would bring peace and prosperity in the region through economic stability. Sahiwal Coal Power Project of 1320MW which was supposed to be completed by December 2017 will now be disposed by May/June 2017, six months earlier than the stipulated time, he added.

The Chief Minister said that undoubtedly this is an implausible achievement as there is no such example of completing development projects with such speed in Pakistan. He said Pak-China economic co-operation under CPEC would be strengthened more through such investments and it will open up new opportunities for business and employment.

Head of Chinese Company at this occasion said they are looking forward to promote co-operation in energy specially transmission sector. Delegation of Chinese company Global Energy Interconnection Development & Corporation Organisation (GEIDCO) included Chen Zhiqiang and other dignitaries. Provincial Minister for Minerals Chaudhry Sher Ali, Chairman Quaid-e-Azam Solar Park Limited Company Chaudhry Arif Saeed and Chairman Planning & Development were present at this occasion.



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