Germany to provide Technical Assistance worth Euro 4 Million for the project “Promotion of Renewable Energy and Energy Efficiency Concepts in Cities and Industries”
Mr. Noor Ahmed, Secretary, Ministry of Economic Affairs and H.E Mr. Bernhard Schlagheck, the Ambassador of Germany to Pakistan, signed an agreement for technical assistance under the Pakistan-Germany Development Programme worth Euro 4 Million, equivalent to PKR 0.7 Billion.
The technical assistance will be provide for the project “Promotion of Renewable Energy and Energy Efficiency Concepts in Cities and Industries” which are well aligned with the priority areas of the Government of Pakistan.
Development Cooperation between Pakistan and Germany dates back to 1961, with the funding volume to date totaling more than Euro 3 Billion. The contracting parties underlined the good relations between Germany and Pakistan and looked forward to strengthening their cooperation. Both sides highlighted the importance of actively collaborating in finalization of project objectives to ensure that the concerns of the end beneficiaries are addressed.
Mr. Noor Ahmed, Secretary, Ministry of Economic Affairs thanked the German Government for the grant assistance in priority areas of the Government of Pakistan. He opined that the technical assistance from Germany should be used for the maximum benefit of the people of Pakistan thus, all measures should be taken to make cost effective expenditure with greater reliance on using local resources. He said Government of Pakistan honours and appreciates technical cooperation from the Government of Federal Republic of Germany and looks forward to strengthening bilateral relations in future.
Ambassador expressed his desire to enhance the economic cooperation with Pakistan in the future.
*-*-*-*
