By IANS,
Islamabad : The growing energy demand in Pakistan provides immense opportunities for Chinese investors, said a minister.
Water and Power Minister Syed Naveed Qamar said Tuesday in Beijing that the growing energy requirement in Pakistan is a challenge for the government.
Leading the Pakistani delegation in the first China-Pakistan Joint Energy Working Group (JEWG) meeting, the minister said the Chinese government had extended “every possible support to Pakistan at all times, especially in the hours of need”.
He said that Pakistan has always been proud of having extremely friendly and strong ties with China, reported Associated Press of Pakistan.
The minister added that Pakistan is currently faced with energy demand-supply gap and the the government wants to resolve the energy crisis with active support of friendly countries, especially China.
“As per estimates, there is a deficit of around 5,000 MW in our system, which could further grow in future due to rapidly increasing growth in power demand,” Qamar was quoted as saying.
He said Islamabad has always encouraged participation of Chinese entrepreneurs, investors, and manufacturing companies to participate in the development of all sectors of Pakistan’s economy.