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YEMA group, China to invest in Pakistan

Edevelop

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ISLAMABAD: Chairman Board of Investment (BoI) Dr. Miftah Ismail Friday said that Pakistan has reserves of 175 billion metric tons of coal at Thar Coal and 100, 000 MW energy can be produced for the next 200 years.
He said that investment in Gaddani power project is priority of the present government.

He stated this while talking to a delegation of YEMA Group China, headed by Chen Gang, General Manager, and other members Liu Xiaofeng , Xiao Tingfeng and Jia Linlin here.

Representatives of Private Power & Infrastructure Board (PPIB), Alternate Energy Development Board (AEDB), National Logistic Cell (NLC) and Trade Development Authority of Pakistan (TDAP) were also presented during the meeting.

Chen Gang, General Manager informed that M/s YEMA Group Limited Company engaged in foreign trade, international engineering contracting, financial investment, construction of large and medium- sized municipal construction works, cultural tourism industry, diversified development of the private enterprise group.

Company is also involved in thermal power, hydropower, wind power, solar power engineering and power grid construction, power plant maintenance, large metallurgical systems engineering, outstanding performance.

The turnover of the company is US $ one billion.

They can also provide financial support and funds from various solutions for customers, China bank loans, to organize and implement the general contract (project) in the way of EPC, Engineering, procurement and construction.

Secretary BOI explained that investment in energy sector is the priority of the government to bridge the gap of demand and supply of power.

He also highlighted the investment policy and incentives offered in the special economic zones of Pakistan.

The Director NLC, Asghar Nawaz proposed that NLC is seeking investment for construction of border terminals with the neighboring countries, included, one with china two with India and one with Iran.

He also offered joint venture for the construction of motorway between Karachi - Hyderabad.

YEMA group, China to invest in Pakistan
 

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