Daniyal says govt enhances power generation capacity

ISLAMABAD: Minister for Privatisation Daniyal Aziz on Tuesday said that 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 CLSA Chairman Zhenyi Tang, he told them that the extra generated energy would help meeting growing energy requirements. Daniyal apprised them about the investment opportunities existing in different sectors of the national economy including energy, infrastructure, transportation, communication, and agriculture.

He shared with the delegation about the investment opportunities existing in capital and security market including finance and banking sector. He said that many of the major privatisation of SOEs had taken place during the last four years, and the credit for prioritising this sector goes exclusively to the government under the visionary leadership of Muhammad Nawaz Sharif.

He said that Pakistan was a fast-growing economy and was striving for the betterment and improve the efficiencies of state-owned enterprises. He informed the delegation that there were 14 entities have been identified for privatisation in the energy sector and called upon the visiting delegation to explore the investment opportunities in the energy sector.

Daniyal enlightened the delegation about the potential of tremendous public-private partnership ( PPP) in oil and gas sector. CLSA, a subsidiary of CIITIC, 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 number one in the region.