By APP
Beijing : The unremitting use and development of Compressed Natural Gas (CNG) in the country has convinced Chinese traders to explore investment opportunities in Pakistan.
One of the leading Chinese firms dealing in provision of all CNG related machineries and technical affairs is planning to send soon its senior technical officers delegation to Pakistan to hold business and technical meetings with their counterparts.
The Master Marketing International delegation would also hold negotiations for carrying out survey for establishment of CNG stations. Keeping in view the ever growing CNG market in Pakistan, the company also plans to impart training on modern line to the staff.
The delegation plans to visit all the major cities to hold talks with Pakistani officials and businesspersons involved in CNG sector.
The CNG sector as reported has so far developed 60% across the country and government wants to further promote it in view of the perpetual increase in prices of petroleum products in international market and its affect on Pakistan’s economy.
It has further been reported that so far Rs.9 million has been invested in this sector while Rs. 2 billion investment is in the pipeline.
The promotion of CNG has doubly benefits, as domestically produced fuel, it is cheaper cost wise and secondly it is also environment friendly.
In view of these benefits government plans to ply 8000 CNG buses on major cities in the country.