China to invest $6bn in Pakistan's energy sector

Chinese investors to install coal-fired power plants in Pakistan.


Web Desk April 15, 2014
Minister for planning and development Ahsan Iqbal and minister for water and energy Khawaja Asif in a meeting with the Chinese delegation on power. PHOTO: PID

ISLAMABAD: Minister for Water and Power Khwaja Asif said on Tuesday that Pakistan will overcome energy crisis with Chinese assistance for coal-fired power plants in the country as part of $6 billion investment in the energy sector, Radio Pakistan reported.

Speaking at a meeting of Pakistan-China working group, which began in Islamabad on Tuesday to review implementation of energy and Pakistan-China trade corridor projects, Asif said Chinese investors will be invited to install coal-fired power plants in Pakistan.

Minister for Planning and Development Ahsan Iqbal claimed that over three billion people stand to benefit from the Pakistan-China economic corridor.

Vice President of Chinese National Energy Administration said China plans to make investment of $6 billion dollars in energy sector of Pakistan.

COMMENTS (2)

Ali | 10 years ago | Reply

Still planning....yawnn

Lolllipoopisthan | 10 years ago | Reply

Poor chinese are going to loose all that money,like in Gwadar.

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