Karachi, 24 October 2022 (TDI): A 14-member German investor delegation visited Sindh Minister of Energy, Imtiaz Shaikh to discuss cooperation and alternative energy projects.
The delegation’s enthusiasm for investing in the province’s energy industry was welcomed by the Energy Minister, who also promised that the provincial government will present investors with numerous lucrative investment options.
Imtiaz Shaikh informed them of the provincial government’s stance on the provision of facilities. Along these lines, he mentioned that the province has a significant amount of alternative energy resources.
According to Minister, the provincial administration would offer a free forum for investment in the territory. “The Sindh government is prepared to offer investors every type of facility”, he continued.
He further added that the group had shown interest in solar energy, the creation of environmentally benign hydrogen gas, as well as the production of electricity from garbage and the wind.
The provincial Energy Minister further stated that by meeting with the delegation of German investors, the province will benefit from foreign investment and local job creation.
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Consequently, a new era of prosperity will be ushered in for Sindh. It is pertinent to note that cooperation between Pakistan and Germany in the energy industry has significantly increased.
This is in response to the rising challenges in the energy sector. The rising cooperation will help Pakistan to combat its energy problems.
Pakistan-Germany Relations
With a focus on social, educational, and economic growth, Germany and Pakistan established diplomatic relations in the 1950s.
Ever since, they have maintained mainly cordial and mutually beneficial diplomatic relations ever since. Pakistan is represented by an Embassy in Berlin and a Consulate-General in Hamburg.
Whereas Germany is represented by its diplomatic presence in Islamabad, Karachi, Lahore, Peshawar, and Quetta. Germany is one of Pakistan’s top trading partners.
