Monday, 15 August 2022, 08:43:34 am
‘US keen to invest in various sectors in Pakistan including renewable energy’
July 01, 2022

The United States has expressed interest in investment in wind, renewable energy, textile and agriculture sectors of Pakistan. 

The interest was shown by a US-delegation, led by State Department’s Special Representative for Commercial and Business Affairs, Dilawar Syed, which called on Finance Minister Miftah Ismail in Islamabad on Friday.

The delegation shared that the US Development Finance Corporation is planning to revise the Power Purchase Agreements of its sponsored wind power projects in Pakistan.

The Finance Minister welcomed the delegation and apprised them of the economic challenges faced by the country and policy reforms undertaken to tackle these challenges.

He said these reforms aim at enhancing the GDP growth, attracting the Foreign Direct Investment and augmenting exports of the country.

The Finance Minister said government is promoting the foreign automobile and mobile assimilation companies for enhancing exports.          

He assured to provide more conducive environment for the foreign investment in this regard.