PCICL to invest in Pakistan power sector

PCICL to invest in Pakistan power sector

pcicISLAMABAD: Pak-China Investment Company Limited (PCICL) will invest in renewable energy and infrastructure development projects in Pakistan.

Decision to this effect was made at a PCICL meeting with Finance Minister Ishaq Dar in the chair.

Managing Director Pak-China Investment Company Limited Cao Wenjian briefed the meeting about investment of the company in energy‚ ports and shipping‚ sugar and fruits‚ cement and construction‚ engineering‚ telecommunication and IT‚ finance and insurance sectors in Pakistan.

He said the company plans to invest in power sector to solve the energy crisis.

Ishaq Dar appreciated efforts of the company to promote close cooperation between Pakistan and China.

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