Pakistan PM asks for China energy investment
Friday, 20 May 2011
BEIJING, May 19 (AFP): Pakistan's prime minister Thursday called on Chinese firms to invest in his country's energy sector, in a bid to boost a moribund economy hit by massive floods last year and weak Western investment.
"There is great potential for the participation of Chinese corporations in the development of the energy sector in Pakistan. This includes hydro, thermal and renewable," Yousuf Raza Gilani told a joint business forum in Beijing.
"Joint ventures, with equity participation of Chinese corporations and financial institutions, can transform Pakistan's economic landscape and would certainly prove to be a win-win scenario," the visiting Prime Minister said.