ISLAMABAD, Aug 8: Federal Minister for Water and Power Raja Pervez Ashraf on Friday invited Poland to invest in the coal power generation and coal mining sector in Pakistan to benefit the country with the Polish expertise and technology.

He said this while talking to Ambassador of Poland in Pakistan Dr Krzyszt Debnicki, who called on him on Friday.

The ambassador discussed matters of mutual interests, especially cooperation in power and mining sectors to further strengthen the economic ties between the two countries.

The minister informed the envoy about the current energy situation faced by Pakistan. He said that the new political government was fully determined to facilitate foreign investors and remove all hindrances and bottlenecks to promote investment in the power sector, which has great potential, attractive benefits and high returns for investors.

He said that Pakistan was facing great challenges, especially in power sector as the shortage of energy had adversely affected the country’s economy. He expressed the hope that his ministry would be benefited from expertise of the Polish businessmen, who have great experience and most modern technology in the mining sector.

Raja Ashraf said that there were big coal reserves in Pakistan and the government wanted to explore the indigenous resources for multi-purpose use. An independent energy board has also been established for the development of Thar coal mines and clean coal technologies.

The Polish ambassador informed the minister that his country had great experience in mining development and said that the Polish companies will be briefed on investment opportunities in Pakistan during the ambassadors’ conference to be held shortly in Poland.

He also discussed the investment possibilities in other sectors in Pakistan.

Opinion

Editorial

Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...
Tribunals’ failure
Updated 19 Nov, 2024

Tribunals’ failure

With election tribunals having failed to fulfil their purpose, it isn't surprising that Pakistan has not been able to stabilise.
Balochistan MPC
19 Nov, 2024

Balochistan MPC

WHILE immediate threats to law and order must be confronted by security forces, the long-term solution to...
Firm tax measures
19 Nov, 2024

Firm tax measures

FINANCE Minister Muhammad Aurangzeb is ready to employ force to make everyone and every sector in Pakistan pay their...