• Wednesday, November 20, 2019

PM Imran welcomes Shanghai Electric's desire to invest in Pakistan's power sector

Discussion in 'Pakistan Economy' started by ghazi52, Dec 7, 2018.

  1. ghazi52

    ghazi52 ELITE MEMBER

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    PM Imran welcomes Shanghai Electric's desire to invest in Pakistan's power sector


    [​IMG]

    ISLAMABAD: Chairman Shanghai Electric Power Co Wang Yundan accompanied by a delegation called on Prime Minister Imran Khan on Friday to discuss cooperation and investment in Pakistan in the energy sector

    Mr. Wang Yundan briefed the Prime Minister about the Shanghai Electric Power and evinced keen interest of SEP to in power sector of the country.

    [​IMG]

    Image released by PM House of the meeting.

    PM reiterated Government’s commitment to provide maximum facilitation and an enabling environment to the investors to take advantage of huge investment opportunities existing in the country.
     
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  2. SunilM

    SunilM BANNED

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    Yeah, tell the aam awaam the truth for gods sake. Shanghai electric wants rates increased in karachi before they take over.
     
  3. BATMAN

    BATMAN BANNED

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    PM Imran Khan shall also welcome and respect those who send remittances to Pakistan.
    Those remittances help Pakistan million times more than this foreign business deals.
    State of Pakistan should grant special status to those, who bring forex to Pakistani state to function. and mark those black sheeps who carry $ abroad.

    On the contrary state of Pakistan, block all legal channels to send remittances to Pakistan, forcing expats to use hawala channel, which is officially sponsored money laundering.
    Musharraf establish NBP counters all over middleast but democrats block it.

    Back home overseas Pakistanis are treated as tax evaders... and thieves. Every one loot them but mostly state it self.

    When an American work out side US and already pay taxes, he is no more taxed in US.
    While in banana Pakistan, earning of overseas Pakistanis is consider halal to steal by every possible dimension and taxed second time in Pakistan.

    Bunch of crooks always lead Pakistani democracy.
     
    Last edited: Dec 8, 2018
  4. jupiter2007

    jupiter2007 SENIOR MEMBER

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    IK government must implement regulation to control price hike.
     
  5. Abdussamad

    Abdussamad BANNED

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    This takeover has been delayed for over 2 years now. The govt. took so long to approve the sale that the current owner went bankrupt in the process! It's a cautionary tale to foreign investors. Don't invest in Pakistan because if you do you won't be able to exit.

    Of course they do. NEPRA set a rate for years in advance and it was based on the value of the rupee before the recent 30+% depreciation. That rate is totally unviable. Even the IMF wants rates increased.
     
  6. AZADPAKISTAN2009

    AZADPAKISTAN2009 ELITE MEMBER

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    Fantastic move