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Business corporations of China show keen interest in establishing power plants in Pakistan

Lahore, January 30, 2013 (PPI-OT): The business corporations of China have shown their keen interest in establishing power plants in Pakistan. It was disclosed by Shah Faisal Afridi, Founder President, Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) in a press statement issued here today.

Mr. Afridi observed that the horrifying energy crisis had painted havoc on the horizon of Pakistan’s economy and PCJCCI was lodging an impressive campaign to attract Chinese investment companies towards energy sector in Pakistan.

The acquisition of appropriate technology from China in the field of renewable energy and alternative sources of energy like solar,nano technology, wind power, Run of the river power plants etc. is the priority agenda of PCJCCI, he said adding that a match making process was being planned to materialize the investment. He was confident that a delegation comprising representatives of such corporations would soon be invited to Pakistan to review join venture opportunities available in Pakistan in the field of energy.

President PCJCCI further informed that he along with his team was endeavoring to increase China’s stake in region that will ultimately help flourish Pakistan. At this juncture, the crippling economy of Pakistan can only be bailed out through enhancing the quantum of foreign direct investment besides promoting the exportable surplus from Pakistan, he added and assured to perform key role in bringing Chinese investment in the country.

Shah Faisal Afridi asserted to establish harmonial relationships with Chinese business community through arranging business to business meetings of both countries’ business fraternity with an increased participation in trade fairs/exhibitions.

Pakistan China joint Chamber will provide the facility of video conferencing to its members for developing easy access trade channel besides imparting working knowledge of Chinese language. He apprised the newsmen that with the active participation of our Chinese counterparts, areas of business interest for both countries’ business people are being aggressively worked out.

While answering the question of media representative, he explained that Pakistan China Joint Chamber will be having representation of both countries. He especially accentuated to take advantage of Chinese experience of creating Special Economic Zones as the most economic growth of China has been experienced through these Zones. He applauded the Government for promulgating Special Economic Zone Act, 2012.

For more information, contact:
Liaqat Ali Gohar
DGM (Admin. and PR)
Small and Medium Enterprise Development Authority (SMEDA)
6th floor, LDA Plaza, Egerton Road, Lahore
Tel: 111-111-456
Fax: (042) 6304926
Email: helpdesk@smeda.org.pk
Website: www.smeda.org.pk

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