Times of Islamabad

Chinese investors to make big investment in Pakistan energy sector

Chinese investors to make big investment in Pakistan energy sector

*KARACHI: A group of Chinese investors announced on Thursday to put theircapital in Pakistan’s energy sector.*

According to details, Power China company has decided to invest in wind andcoal energy of Pakistan.

The Chinese firm and Port Qasim Electric Power Company were holding a pressconference in this regard in Karachi.

The representative of the Chinese company told media that their group wasincreasing the investment in the energy sector of Pakistan.

He also said that economy crisis of Pakistan is temporary and it will soonbe over.

Few days earlier, Pakistan signed 11 agreements with China in the sectorsof Information Technology, agriculture, railways and chemicals.

Advisor to Prime Minister on Commerce, Textile, and Industry Abdul RazakDawood said an agreement was also made on film and TV between Pakistan andChina.

“Many investors are ready to come to Pakistan,” Abdul Razak Dawood saidwhile talking to media.

The PM’s advisor said around 400 investors had come to attend the Belt andRoad Forum. “I was surprised to see so many investors in the forum.”

He said many of the investors were ready to come to Pakistan.