What's new

Egyptian company keen to invest in Pakistan energy sector

Morpheus

FULL MEMBER
Mar 5, 2017
1,909
-1
3,844
Country
Pakistan
Location
Pakistan
SAPM, Egypt envoy discuss scope in energy sector

Recorder Report Updated 27 Aug 2020






ISLAMABAD: Tarek Dahrough, ambassador of Egypt to Pakistan, called on Special Assistant to Prime Minister on Petroleum Nadeem Babar at the Ministry of Petroleum on Wednesday.
The ambassador was leading a delegation of an Egyptian Energy Company TAQA with focus to explore the business opportunities in energy sector in Pakistan.

The SAPM gave an overview of Pakistan's energy sector and the presented government's earnest endeavours in reforming the energy sector of the country.
He said that those efforts were being personally overseen by the prime minister.

The SAPM also reaffirmed Pakistan's commitment to cleaner fuels and green energy and said Pakistan's energy mix would be diversified by injecting more hydel and renewable sources in the national grid.

He foresaw the share of renewable energy to increase by 20 percent by 2025 and 30 percent by 2030.

The Egyptian company expressed interest in investment in the energy sector including areas of power generation, transmission and distribution, projects related to renewable energy as well as in LNG, CNG and gas distribution sector of the country. The delegation thanked the SAPM for the presentation on energy sector and expressed keen interest to develop footprint of the company in Pakistan.

-----------------
 

Enigma SIG

SENIOR MEMBER
Feb 20, 2009
2,930
1
3,308
Country
Pakistan
Location
Pakistan
Would be fun. I remember the Civil Engineer Egyptian at a design consultancy I worked at. Office would be ringing with the loud voice of the guy who was no less than 6ft tall. Fun times.
 

ARCH٤R

FULL MEMBER
Jul 26, 2016
256
0
373
Country
United States
Location
Egypt
why they did not invest in egypt ? egypt having power issues same as pakistan .
It has improved over the last years in Egypt, does Pakistan have energy issues in the first place? I don’t recall hearing any so perhaps you are exaggerating one?
 

Imran Khan

PDF VETERAN
Oct 18, 2007
56,075
-1
108,702
Country
Pakistan
Location
Pakistan
It has improved over the last years in Egypt, does Pakistan have energy issues in the first place? I don’t recall hearing any so perhaps you are exaggerating one?
we are sick of private+public partnership companies TBH dont want anymore

power generation is surplus but companies+gov sucking blood
 

ARCH٤R

FULL MEMBER
Jul 26, 2016
256
0
373
Country
United States
Location
Egypt
we are sick of private+public partnership companies TBH dont want anymore

power generation is surplus but companies+gov sucking blood
Sad to hear that, Egypt has had good experiences with Public-Private partnerships, at least in terms of housing... hope you’ll revise that partnership to improve the situation on the ground.
 

CrazyZ

SENIOR MEMBER
Mar 3, 2019
2,816
3
3,383
Country
Pakistan
Location
Pakistan
All foreign investments are welcome. Pakistan can be a profitable place for foreign companies investing in the right spots.
 

Imran Khan

PDF VETERAN
Oct 18, 2007
56,075
-1
108,702
Country
Pakistan
Location
Pakistan
Sad to hear that, Egypt has had good experiences with Public-Private partnerships, at least in terms of housing... hope you’ll revise that partnership to improve the situation on the ground.
i dont know how you guys are satisfied prices are almost same in Egypt and pakistan sir

egypt 0.04
pakistan 0.05

but in pakistan sales tax- tv tax -income tax - extra tax - further tax - GST -bla bla bla . as example look this bill guys used 173 pakistani rupees electricity and total bill is 2260 Pakistani rupees . this is ridiculous they are inviting public to start bloody revolution . even mosques bills having TV tax . did we have TV in mosques ????????

1598645288355.png
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top