The Consulate General Federal Republic of Germany at Karachi Rainer Schmiedchen has said that German companies have shown keen interest to make investment in wind power sector of Pakistan with objective to provide assistance to Pakistan Government to overcome the energy crisis.
He expressed these remarks while addressing the business community at Hyderabad Chamber of Commerce and Industry and the media persons at Hyderabad Press Club on Tuesday. He said that German made turbines for power generations are already functioning in the power projects of Pakistan and now the German investors desired to make their investment in wind power sector. The German companies wanted to work in Pakistan at the pattern of the companies of UDA, UK and France, he added.
The German companies are also making their investment in different sectors including Chemical sector in different countries of the world. In this regard, the German Government had established a separate department for South Asia to provide all kinds of assistance to investors. The German Government has started visa facility to business community of South Asia and establishing vocational training institutions in order to facilitate them to carry out business activities in smooth direction. The government is ready to impart vocational training on the recommendation of Hyderabad Chamber of Commerce and Industry, he added.
Earlier, the President HCCI Goharullah in his welcome address emphasized the need of enhancement of trade volume between the two countries adding that the Germany is the biggest European trade partner which are making investment in Pakistan.
He informed that Hyderabad has the great potential of industrial growth as it successfully managing the agro-based industries as well as playing key role in automobile assembling sector. The German investors can found opportunities of making their investments in different industrial sectors as well as coalmine sector in Hyderabad, he added. Among others, the Senior Vice President HCCI Turab Ali Khoja, Vice President Ziauddin and the members HCCI executive committee were also present on the occasion.