Development project: Pakistan, Germany sign €102.5m deal
The agreement is aimed at executing various new and existing projects.
ISLAMABAD:
Pakistan and Germany, on Friday, finalised the bi-annual government to government negotiations for the year 2013 and signed a €102.5 million agreement. The agreement is aimed at executing various new and existing projects in education, energy, governance and health sectors. After gaining approval by the federal cabinet, the agreement was signed by Secretary Economic Affairs Division(EAD) Nargis Sethi, and Director General Europe Middle East and Asia; Multilateral Development Policy of the German Federal Ministry for Economic Cooperation and Development Dr Uta Bollhoff. EAD officials stated that the agreement was focused on the provinces of Khyber-Pakhtunkhwa (K-P) and the Federally Administered Tribal Areas(Fata) whereas national programmes and projects focusing the metropolitan areas of and around Lahore and Karachi were under implementation.
Published in The Express Tribune, September 7th, 2013.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ