Spanish companies eager to invest in Pakistan’s power sector

Islamabad, October 19, 2016 (PPI-OT):Spanish companies are eager to invest in the power sector in Pakistan due to better investment opportunities and good return. This was said by Ambassador of Spain to Pakistan. H.E. Mr. Carlos Morales who called on Federal Minister for Water and Power, Khawaja Muhammad Asif today in Islamabad.

In the meeting, matters related to bi-lateral cooperation in energy sector came under discussion. Federal Minister for Water and Power said that the bilateral trade between the two countries is expanding. He also asserted that there is a potential for investment in Wind and Renewable energy sector for the Spanish investors that would provide new vistas to further strengthening the existing relations between the two countries. The Ambassador lauded the efforts of Pakistani diaspora in Spain who are playing a constructive role in cementing the social, cultural and economical contacts between the two countries.

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