cpecnews news صفحۂ اول

BOI stresses production of Solar Energy in CPEC SEZs

  • July 21, 2019
BOI stresses production of Solar Energy in CPEC SEZs
Image caption BOI stresses production of Solar Energy in CPEC SEZs

KARACHI: The country received no major investment during the past several years except in the energy sector projects under the China Pakistan Economic Corridor, an official said on Saturday.

Addressing a session organised at the Governor House of Sindh to promote investment in the energy sector of the country, Board of Investment (BoI) Chairman Zubair Gilani said: "Although almost 90 percent investment in the country’s energy sector was made by the foreign investors, yet their trickle down impact was not largely felt.”

"I am a big supporter of foreign investment, but would expect that this should now come forward with shift and transfer of technology,” he said, adding that a consistent approach can address the issues.

The BoI chairman said that an efficient balance has to be maintained to ensure that the country attracts investment on immediate basis, as well as on long-term basis.

“Economic sovereignty is the key to comprehensive development,” he said, and regretted that this was generally ignored and weak stance adopted by the previous political governments exposed the country to steady increase in the energy cost, affecting the entire economy.

Gilani mentioned about the special economic zones being developed under CPEC and announced that the Board of Investment has decided to commission nine of these to those who are keen to produce solar energy.

Archives

China to further boost cooperation under BRI despite COVID-19
China International Engineering Consulting Corporation (CIECC) continues to support CPEC
Learning Chinese language improves employability of Pakistani job seekers
CPEC moving forward with enhanced scope and pace: Chairman CPEC Authority
Government set to engage international consultant for up-gradation of Mainline-1 (ML-1) under CPEC
General Administration of Sport of China donates mask to help Pakistan fight COVID-19
China assists Pakistan in locust war
Huawei donates medical goods to help Pakistan combat COVID-19
BRI cooperation is durable, an ideal model for development amid COVID-19
CPEC is set to boost Pakistan-China industrial cooperation: Ambassador Yao Jing
Chairman BoI pledges support to SEZ investors
CPEC is a transformational project, contributing to the socio-economic development of Pakistan: MOFA
State-Owned Enterprises (SOEs) in Xinjiang donates anti epidemic material to Pakistan
Chinese military medical team visits NCOC, shares expertise to tackle COVID-19
Thar-block II is making progress under CPEC; workers enjoy good health and spirit
Xi Jinping replies to letter from Pakistani students studying in Beijing
Pakistani students are overwhelmed to receive President Xi reply to their letter
Chinese media house set to host a webinar highlighting joint efforts on locust control in Pakistan
China sends more medical supplies to Pakistan via two special flights from Shanghai and Chengdu
China’s Hubei province sends medical experts and supplies to Pakistan
China-Pakistan discuss an action plan to expedite ML-1 railway project under CPEC
China sends more medical supplies to Pakistan to fight COVID-19
Environment-friendly infrastructure development under BRI is vital to the post COVID world order: Adil Najam
CPEC enjoys priority, pivotal for socio-economic development of Pakistan: Gen (retd) Asim Saleem Bajwa
Lahore Orange Line Metro Train project enters final phase
Chinese Consulate in Karachi donates medical supplies and relief assistance to combat the COVID-19
China-Pakistan to deepen Military Cooperation amid COVID-19
CPEC is a savior of Pakistan’s economy amid the pandemic outbreak
No case of Coronavirus is reported at CPEC site
CPEC western route is set to complete next year