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969MW Neelam-Jhelum project: Chinese delegation discusses investment in energy sector with PM

byCustoms Today Report
14/03/2015
in Business
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ISLAMABAD: A delegation of China Gezhouba Group Investment Holding Company, led by its Chief Financial Officer Lin Xiaodan, has called on Prime Minister Nawaz Sharif and discussed investment ventures in energy sector.

The premier said that the government has made investor-friendly policies to encourage foreign investment in the country, particularly in the sector of power generation.

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The members of the delegation eulogised investment policies of the government and said that the same are encouraging the Chinese companies to come here in big way. The prime minister told the delegation that the government was taking serious steps to overcome the energy shortage in the country.

The delegation expressed interest in investing in the 969MW Neelam-Jhelum hydro project as well as in coal-fired, LNG based and solar power plants in Pakistan. They informed the prime minister that the Chinese government was encouraging Chinese businesses to benefit from the investor-friendly policies of the Government of Pakistan.

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