14 May 2024

Dar, Gezhouba Group Chairman Discuss Ongoing Projects in Pakistan

14 May 2024  by brecorder   
ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar met with the Chairman of Gezhouba Group on Mondayin Beijing, said a press release issued on Monday.

Gezhouba Group is a subsidiary of Energy China, which is China’s leading company undertaking multiple power generation projects in Pakistan.

The deputy prime minister expressed condolences to the chairman at the tragic incident in Shangla in which five Chinese and one Pakistani national were martyred. He expressed Pakistan’s firm resolve to bring the perpetrators of this heinous attack to justice and to assure foolproof security of Chinese nationals in Pakistan.

Noting the contribution of Gezhouba Group to Pakistan’s economic development, Deputy Prime Minister Dar underscored that Pakistan needed to further expand its power generation capacity in renewable and hydel sectors for which Gezhouba Group can play a leading role. He added that under the Phase-II of CPEC, Pakistan has offered generous incentives to Chinese investors which Gezhouba Group can use to expand its business footprints in Pakistan.

The chairman thanked Pakistan for taking effective steps to ensure the security of Chinese nationals in Pakistan and expressed firm resolve that the company would timely complete all its projects in Pakistan and would further expand operations to new areas of cooperation.


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