Norwegian Ambassador to Pakistan Cecilie Landsverk on Friday said that Norwegian investors are interested in hydel power and gas sectors in Pakistan, adding that could generate 100000 MW through its hydropower resources to overcome energy crisis. Talking to Vice President FPCCI Mirza Abdul Rehman, she said that optimum utilization of hydropower potential with the help of international community could tackle power shortfall on sustainable basis. The Ambassador said that Pakistan has fantastic potential to generate electricity.
Hydropower is the best way to bridge the gap between electricity generation and consumption which would improve the ratio of low-cost electricity in the system to stabilise the tariff, said Cecilie Landsverk. She said that Norwegian investors are also interested in promising onshore and off shore gas sectors of Pakistan. Ms Landsverk advised Pakistani business community to focus on food chains in Norway. There are great business possibilities here but perception in west about Pakistan is not improving since last few years which is blocking investment, she added. Mirza Abdul Rehman asked for cooperation to overcome energy crisis, resume fisheries exports and initiate projects aimed at imparting vocational training to youth. He said that Norway’s fruit and vegetable chains should visit Pakistan to explore opportunities. Norwegian designers can help educate our artisans about taste and demand patterns of European countries to boost exports, said Mirza Abdul Rehman. Mirza Abdul Rehman said that a delegation of FPCCI is to visit Norway to explore opportunities in different sectors including pharmaceutical and surgical sectors. FPCCI and Norway can join hands to establish vocational centres in Khyber Pakhtoonkhwa and Punjab, said Malik Sohail.
