The Power Division has decided to engage and meet all the
investors under the CPEC energy projects individually to further fast tract
these projects and also remove any difficulty faced by them. All the power
sector stake holders like PPIB, AEDB and NTDC will be part of these meetings in
this regard.
It was
disclosed by the Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari
today in meeting with Ambassador of China H.E Mr. Yao Jing.
The Federal
Minister thanked the Chinese Ambassador for his choosing the Power Division for
his maiden visit after assuming the charge of Ambassador in Pakistan.
Sardar Awais
Ahmed Khan Leghari while appreciating the contribution of the
Chinese investors in the Power Sector said CPEC is the epic of relations
between the two countries and in the time to come the cooperation will further
boost to new heights.
The Federal
Minister also invited suggestion of the Chinese Ambassador for the
planned meetings with the Chinese Investors.
While
highlighting the importance of service at the DISCOs level and the
proposed law likely to be enacted soon for private sector participation at the
distribution level, the Federal Minister invited the Chinese investors to
participate in the consumer services as the country has achieved bridging the
demand and supply gap with the great assistance of Chinese Investors. He said
that the market for service delivery at DISCOs level offer lucrative return.
H.E. Mr. Yao
Jing while thanking the Federal Minister for warm reception said that the
performance of Power Sector under the CPEC has been a success story which has
been acknowledged at different forums in China. He specially mentioned the
Power Division role in leading the CPEC projects and facilitating the Chinese
Investors. He said that investors in China a closely and keenly observing the
fast growing power sector in Pakistan and its progress has been reckoned as
exemplary.
The Chinese
Ambassador assured that China will keep on further extending assistance
to Pakistan in the Power Sector as it has been instrumental for the
success of CPEC besides important for Pakistani nation. He said that China will
also look into investing in the service delivery at the distribution
level and in this regard he will soon engage with leading service
providers in China.
The Chinese
Ambassador also appreciated the Power Division decision to meet each investor
under the CPEC individually for further boosting the cooperation.
On suggestion
of the Federal Minister the Chinese Ambassador agreed to nominate a focal
person at the Embassy level for coordinating the extension of cooperation at
the service delivery at the Distribution level.
The Chinese
Ambassador mentioned the services former President of Pakistan Late Sardar
Farooq Ahmed Khan Leghari in building the Pak-China relations. He also
mentioned the role of the former President during the founding days of
Bao Economic Forum and his active participation. He said that he first
met Late Sardar Farooq Ahmed Khan Leghari back in 1996 during visit of
the Chinese Prime Minister.