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

Cabinet committee meeting on CPEC decided to prese nt the CPEC Authority's draft act before the federal cabinet for approval.
Prime Minister Khan Closely Monitors Progress on Development of SEZs
CPEC and Scientific Collaboration, COMSATS Hosts Guangzhou University Delegation
China: Attractive Market for Pakistani Kinnow Export, Secretary-General BMP
CPEC's Regional Connectivity Plan via Railway Proposed
1320 MW HUBCO Power Plant under CPEC Successfully Begins Commercial Operation
Multan-Sukkur Motorway to Urbanize Under-Developed Regions
Custom Collects China's Recent Present to Pakistan: Three Cargo Scanners
Package of Growth, Hope and Development Underlined for Balochistan under CPEC in NDC Meeting
NDC to Approve Gwadar Master Plan in its First Session
China earmarks $1 billion grant for various socio-economic projects in Pakistan
Three motorway projects completed under CPEC to open for general public by the end of August
Koreans willing to invest in CPEC
Pakistan and China share an identical world view: Gen Zubair
Pakistani Women to Rejuvenate Chinese Handicraft Industry
Pakistan to learn from the Chinese experience, ensures full support to investors: Chairman BOI
Pakistan and China to cooperate within the taxation domain
Government green signals the $8.2 billion ML-1 project
CPEC authority to get a full shape prior to JCC meeting
CPEC to boost economic growth in Balochistan
Phase II of CPEC to be a catalyst for industrial and agricultural development
Chinese firm Timesaco vows to overhaul the service sector in Pakistan by investing 20 million USD
China keen to enhance cooperation and connectivity through CPEC
Chinese Delegation receives flowers from the students of SBK Womens University Quetta
CPEC will reinvigorate Pakistan's economic conditions: Cheng Xizhong
Formation of CPEC authority is a proof of Pakistan's trust in CPEC
Transportation infrastructure overhauled after the completion of Sukkur-Multan Motorway
Speaker National Assembly Asad Qaiser terms China Pakistan relations a symbiosis Speaker National Assembly Asad Qaiser terms China Pakistan relations a symbiosis
CPEC to initiate an era of success for Balochistan
Quetta Declaration unanimously adopted by all major Balochistan political parties and civil society