Country’s power generation capacity enhanced: Daniyal

F.P. Report

ISLAMABAD: Minister for Privatization Daniyal Aziz Tuesday said country’s electricity generation capacity had recently been increased from 15,000 mw to 26,000 mw.

Talking to a delegation of Chinese investors headed Zhenyi Tang Chairman CLSA, a subsidiary of CIITIC, the minister told them that the extra generated energy would help meeting growing energy requirements. Daniyal Aziz apprised them about the investment opportunities existing in different sectors of national economy including Energy, Infrastructure, Transportation, communication, agriculture. The Minister shared with the delegation about the investment opportunities existing in capital and security market including Finance and banking sector.

Moreover Minister PC said that many of the major privatization of SOEs had taken place during the last four years, and the credit for prioritizing this sector goes exclusively to the incumbent government of PML(N) under the visionary leadership of Mian Nawaz Sharif.  He further added, Pakistan is a fast growing economy and was striving for the betterment and improve the efficiencies of state owned enterprises. The minister informed the chairman that there are 14 entities have been identified for privatisation in energy sector and called upon the visiting delegation to explore the investment opportunities in energy sector.

Daniyal Aziz enlightened the delegation about the potential of tremendous public private partnership ( PPP) in oil and gas sector.

CLSA is responsible for overseeing the firm’s capital market businesses spanning across more than 10 countries around the world. This investment bank is leading capital market and investment group of Asia and declared No 1 in the region.