Kuwait To Invest In Pakistan
Category: Kuwait

A Memorandum of Understanding (MoU) was signed between Balochistan government and a Kuwaiti Investor Company “Ener Tech” in Quetta on Thursday.

Under the MoU the Ener Tech will install solar power generation plants ranging from 50 MWs to 500 MWs under a phase wise programme. Provincial Energy Secretary Khaleeq Nazeer Kyani and Chief Executive of the company Abdullah Almatari signed the memorandum.

Meanwhile, a delegation of Ener Tech led by its Chief Executive Abdullah Almatari called on Balochistan Chief Minister Nawab Sanaullah Khan Zehri in Quetta.

During the meeting, the two sides discussed matters of bilateral interest. Talking about the occasion, Nawab Sanaullah Khan Zehri said that the government wants promotion of foreign investment in various sectors including the solar energy sector and for this purpose, a comprehensive policy has been chalked out to provide maximum facilities to foreign investors.

Ener Tech Chief Executive Abdullah Almatari said that there are vast prospects of making investment in energy, livestock and other sectors in Balochistan and Ener Tech wants to make investment in these sectors.

28 Jun, 2016 0 376
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