Tag: Invest

Tackling climate change Invest in green tech

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article image ISLAMABAD: Pakistan needs to make fundamental changes in production and consumption patterns and the services sector to tackle climate issues and vulnerabilities, says Climate Change Minister Zahid Hamid. All sections of society including government departments, the private sector and individuals must play their part in bringing about this transformation to sustainable consumption and production patterns, which is an essential requirement of…Read More

Germany keen to invest in energy sector

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article image STAFF REPORT LHR: Punjab Chief Minister, Shehbaz Sharif held a meeting with delegation of German origin private energy company to discuss the possible ventures of setting up of power plants to cope with energy crisis and improve the electricity production in the province. Dr Syrill Nunn, German Ambassador to Pakistan was also present in the meeting. CM Punjab apprised the delegates that the Punjab government along with cooperation of Federal government plans to add 3600MW to the grid…Read More

Invest in teacher training for quality education

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STAFF REPORT LHR: With over 70,000 private schools, the private education sector in the country is rapidly growing. A vast majority of these private schoold was low-fee private schools, but the real issue is whether these schools with low fees are providing quality education. This question was raised by Tahir Andarabi, co-founder of the Centre for Economic Research Pakistan, while addressing a recently held conference on harnessing the potential of low-fee private schools, at the LUMS.…Read More

Mobilink set to invest $500m by 2016

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STAFF REPORT KHI: Mobilink has planned to invest $500 million in the 3G technology in Pakistan during the next two years mainly on the infrastructure advancement of network, license fee and technical supporting projects. Jo Lunder, CEO of VimpelCom, the parent company of the Mobilink, said this in a meeting with PM Nawaz Sharif, during his recent visit to Pakistan. He said that Mobilink will bring investment from its Group having strong financial strength besides it would also explore…Read More

Samsung targeting to invest in energy sector

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STAFF REPORT IBD: Joonwoo Choi, Samsung CandT Corporation General Manager, during his recent meeting with Board of Investment (BOI) Chairman Dr Miftah Ismail and BOI Acting Secretary Imran Afzal Cheema to discuss new investment prospects in Pakistan. On the occasion, Choi apprised them about his company’s expertise, and its interest in investing in Malakand Tunnel’s construction as well. Meanwhile, in a bid to provide cheap transport, BOI Honorary Investment Councillor Feroz Shah…Read More

Chinese top company keen to invest in energy projects

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MONITORING REPORT IBD: Chinese company, Three Gorges Corporation (CTG), has evinced keen interest in the upcoming energy projects in Pakistan and assured its continued support in hydel, coal, wind and solar energy projects. Chen Fei, the President of the CTG, said this while talking to Federal Minister for Water and Power Khawaja Muhammad Asif who met him during his recent visit to China. During the meeting, they exchanged views on enhancing collaboration in the energy sector. It is…Read More

Samsung keen to invest in wind, bio-energy sectors

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article image STAFF REPORT IBD: Samsung CandT Corporation’s Trading and Investment Group desires to participate in Pakistan in the field of energy and environment that are likely to serve as drivers for the country’s future growth of Pakistan. The key areas of interest are wind power, bio-energy and other renewable energy sources. Most recently, Samsung CandT General Manager Joonwoo Choi called on Chairman Board of Investment, Mohammad Zubair and Secretary BoI, Imran Afzal Cheema, to discuss…Read More

Germany keen to invest in agriculture sector

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STAFF REPORT KHI: Germany, the most powerful economy of European Union (EU), has expressed its interest in investing in Pakistan’s strong agriculture sector for bilateral cooperation."Pakistan has tremendous potential in agriculture sector and Germany wants to bilateral cooperation in this sector," said German Council General Dr Tilo Klinner while speaking to an interactive session organised by Pakistan German Business Forum (PGBF) at Goethe Institute.He said that Germany is trying…Read More

Fertilizer sector to invest over $100m for gas fields

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article image STAFF REPORT LHR: In Pakistan fertilizer units getting gas from SNGPL have expressed intentions to invest $100 million for the development of dedicated lower BTU gas fields. This is aimed at improving the gas supply to fertilizer plants to improve capacity utilization of local plants instead of depending on costly imported urea.The fertilizer sector has been facing severe curtailment of gas since April 2010, one of the worst affected sectors, which has worsened the rural economy over the last…Read More

Invest in education for better future: Dr. Ayub Alvi

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article image Dr. Muhammad Ayub Alvi, Dean at the National University of Computer and Emerging Sciences, in an exclusive interview with the Technology Times shares the history of the country’s most reputed computer science education institution and his thoughts regarding promotion of science and technology education in the countrySir please share with our readers your educational background and about the institution?I am Ph.D. in electrical engineering; currently working as Dean at the National University…Read More