Chinese Zonergy Corporation delegation headed by its President calls PM of Pakistan
Islamabad, The Gulf Observer: Prime Minister Shehbaz Sharif has vowed to promote investment in renewable energy sector in the country, with a special focus on wind and solar energy. He was talking to delegation of a Chinese company Zonergy Corporation headed by its President Richard J Guo in Islamabad Tuesday.
He said that a major chunk of Pakistan’s import bill was being spent upon the import of costly fuel for power generation, and underlined that it was imperative to move towards the utilization of inexpensive energy which would also help in saving of precious foreign reserves.
He further informed that a pre-bidding conference on solar energy projects would be held in Islamabad on Wednesday. On the occasion, the Zonergy Corporation delegation also presented a donation cheque for the PM Flood Relief Fund.
Zonergy delegation was led by its Chief Executive Richard J. Guo. Minister for Board of Investment Chaudhry Salik Hussain, Minister for Planning Ahsan Iqbal, Minister for Energy Engineer Khurram Dastagir, Minister for Law Azam Nazeer Tarrar, PM’s Special Assistants Dr Jehanzaib Khan, Zafaruddin Mahmood and Fahad Hussain.
The prime minister while appreciating Chinese support on the internal and external fronts said that China was the best friend.
He said that China Pakistan Economic Corridor (CPEC) was an extension of the Chinese flagship Belt and Road Initiative under which Chinese investment was made in the construction of infrastructure, industry and in different other sectors.