Omar1984
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China keen to participate in steel and infrastructure sector in Pakistan
Wednesday, 24 Jun 2009
APP reported that Chinas key enterprises have expressed their deep desire for the participation in various mega projects in Pakistan. They expressed their commitment during separate meetings with Minister for Investment Senator Waqar Ahmed Khan on Monday.
These Chinese corporations expressed strong wiliness for participation in development of proposed new coastal city in Sindh province, Housing and Town Planning, Real Estate, infrastructure, coal and gas fields and power generation, alternative energy, expansion of Karachi Steel Mills as well as participation for bidding in projects for privatization.
The President of Metallurgical Corporation of China Shen Heting while expressing deep satisfaction on carrying out smooth operation in Pakistan on its projects including in Sandak expressed his keenness for the expansion of Karachi Steel Mills as well as real estate business.
He said that the MCC has submitted its proposals for its expansion some 12‑13 years back, but it was not materialized because of its privatization, but we still willing to enhance its production capacity in two phases.
The Managing Director of SINOTECH Mr Jin Guangming in a meeting with Minister Waqar Ahmed said that his corporation expressed keen desire for setting up of 250 MW Thermal power generation unit, participation in privatization of various units and infrastructure development as well as generation of power through wind energy. He further said that SINOTECH also submitted a report on development of Karachi Mass Transit Project and willing to work on this gigantic project.
Minister Mr Waqar exchanged views in details on these projects that SINOTECH has focused for Pakistan. He said in view of the growing demand and fluctuation of oil prices, he would suggest finding out ways and means to generate electricity through coal or gas as there was abundance of coal reserves in Sind Province.
On generation of wind energy, the minister briefed Mr Jin and said that government of Pakistan has formulated a comprehensive policy in this regard. Welcoming Chinese side for participation in the privatization of various units, minister said that in free economy the role of Government of Pakistan is like a facilitator and his doors area always opened for them for any assistance.
Steel Guru : China keen to participate in steel and infrastructure sector in Pakistan
Wednesday, 24 Jun 2009
APP reported that Chinas key enterprises have expressed their deep desire for the participation in various mega projects in Pakistan. They expressed their commitment during separate meetings with Minister for Investment Senator Waqar Ahmed Khan on Monday.
These Chinese corporations expressed strong wiliness for participation in development of proposed new coastal city in Sindh province, Housing and Town Planning, Real Estate, infrastructure, coal and gas fields and power generation, alternative energy, expansion of Karachi Steel Mills as well as participation for bidding in projects for privatization.
The President of Metallurgical Corporation of China Shen Heting while expressing deep satisfaction on carrying out smooth operation in Pakistan on its projects including in Sandak expressed his keenness for the expansion of Karachi Steel Mills as well as real estate business.
He said that the MCC has submitted its proposals for its expansion some 12‑13 years back, but it was not materialized because of its privatization, but we still willing to enhance its production capacity in two phases.
The Managing Director of SINOTECH Mr Jin Guangming in a meeting with Minister Waqar Ahmed said that his corporation expressed keen desire for setting up of 250 MW Thermal power generation unit, participation in privatization of various units and infrastructure development as well as generation of power through wind energy. He further said that SINOTECH also submitted a report on development of Karachi Mass Transit Project and willing to work on this gigantic project.
Minister Mr Waqar exchanged views in details on these projects that SINOTECH has focused for Pakistan. He said in view of the growing demand and fluctuation of oil prices, he would suggest finding out ways and means to generate electricity through coal or gas as there was abundance of coal reserves in Sind Province.
On generation of wind energy, the minister briefed Mr Jin and said that government of Pakistan has formulated a comprehensive policy in this regard. Welcoming Chinese side for participation in the privatization of various units, minister said that in free economy the role of Government of Pakistan is like a facilitator and his doors area always opened for them for any assistance.
Steel Guru : China keen to participate in steel and infrastructure sector in Pakistan