Investors led by Javed Malik meets Shahbaz Sharif

Islamabad, May 14, 2015 (PPI-OT): An International business delegation led by Ambassador Javed Malik, Prime Minister’s Special Envoy met with Chief Minister Punjab Shahbaz Sharif and gave a detailed presentation on investing in Pakistan’s energy sector by providing a comprehensive cost-effective solution that would deliver electricity to the country within a reasonable time line.

The delegation which included American and European businessmen representing reputable companies like American Ethane and General Electric expressed their serious intentions to establish upto 6000 megawatt power plants in Pakistan.

Ambassador Javed Malik while introducing the delegation apprised the Chief Minister on the various economic diplomacy initiatives being undertaken by him to encourage International investors to visit Pakistan to explore investment opportunities. The Chief Minister appreciated Javed Malik for his proactive efforts. He expressed his warm welcome to the visiting delegates and assured them of all possible facilitation by the government of Punjab.

Speaking on the occasion, Mr. Hans Hetrell, a former US Ambassador said that said that he was very happy to visit Pakistan and see the tremendous opportunities here, and said “We see a lot of potential in this country, and express our appreciation to Ambassador Javed Malik for making it possible for all of us to visit Pakistan, we assure you that we will work with Pakistan as friends to promote business and trade activity here.

The delegation including Mikhael Yuriev Chairman American Ethane, Micheal Hood, Alan Richards and others also held operational meetings with Federal and Provincial Ministry’s of Energy in order to give a practical shape to their proposals.

Ambassador Javed Malik expressed his confidence that the visiting delegates have had meetings with key Ministers and officials and there is complete unanimity of views on both sides to start the projects as soon as possible and discussions are ongoing with appropriate officials to take this proposals to execution and the delegates are looking forward to signing a MOU followed by a detailed agreement to start their work.

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