Power sector: Austria keen to invest in Pakistan

Ambassador of Austria to Pakistan Axel Wech called on Federal Minister for Water and Power Chaudhry Ahmed Mukhtar.

ISLAMABAD:


Axel Wech, Ambassador of Austria to Pakistan, called on Federal Minister for Water and Power Chaudhry Ahmed Mukhtar here on Monday, and discussed various matters of mutual interest and cooperation in the energy sector.



The minister said the Pakistan government would welcome Austrian involvement and facilitate investors looking to invest in the country. The minister said that Pakistan is an energy-deficient country, and has great potential in hydel, wind and coal generation.

The Austrian ambassador told Mukhtar that various companies from the European country were already working in Pakistan in the energy sector. He said that Austrians were interested to invest in the Tarbela-IV extension project and the upgradation of the Mangla dam power project.

Published in The Express Tribune, September 25th, 2012.
Load Next Story