British firms considering investing in Pakistan energy sector

04 Apr, 2009

The private sector companies of Britain are considering to invest in high potential power generation sector in Pakistan to help overcome countrys energy crisis, British High Commissioner in Islamabad, Robert Brinkley said on Friday. British investors are also keen to have joint ventures with their Pakistani counterparts, Brinkley said while talking to a delegation of business leaders of Rawalpindi.
The delegation led by the President, Rawalpindi Chamber of Commerce and Industry (RCCI), Syed Asad Mashadi held a meeting with Brinkley in his office. The RCCI delegation included its executives, Imtiaz Chaudhary, Abdul Rauf Chaudhary and Shakeel Ahmed Khan. Brinkley said that in next few days, representatives of British entrepreneurs would visit Pakistan to discuss with their Pakistani counterparts the modalities of joint ventures in different sectors, particularly in power generation.
He said that Pakistan and the United Kingdom has a long history of mutual relationship and this could be further cemented by bringing the private sectors closer. Speaking on the occasion, the RCCI President expressed concern over increasing drone attacks on Pakistans territory by the USA. He said that these drone attacks should be stopped at once because on the one hand they are badly hurting countrys economy and on the other, creating anger among the general public for Americans at large. These attacks have proved counter-productive, he added.
He said that the UK has good terms both with Pakistan and the USA and it can play a role to make the US realise that these attacks would not serve the purpose, rather more controversy would be created in the area due to drones. Rawalpindi Chamber would organise a single country exhibition in UK in league with the Ministry of Commerce and Pakistani High Commission in London, Mashhadi said, adding that five top companies from every Chamber would participate in this single country exhibition. Further, he said that the exhibition would not only introduce Pakistani products to UK, but also help develop soft image of Pakistan.

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