Pakistani govt will ensure all possible facilitation of Chinese investors to further expand ongoing projects: PM Shehbaz Sharif

Islamabad: Prime Minister Shehbaz Sharif has said that the government will ensure all possible facilitation of the Chinese investors to further expand the ongoing projects.

The prime minister, in a meeting with a delegation of Shanghai Electric Group led by Chairman Wu Lei, urged the Chinese firms to switch the power plants from imported to the local coal and increase their investment in the coal mining sector.

Citing cordial and time-tested ties with China, Prime Minister Shehbaz Sharif said that Pakistan desired to further promote its friendly ties and strengthen economic partnership with the country.

The Shanghai Electric Group is currently working on Thar Coal mine development and a 1320MW coal power project.

Ithe meeting was told that the Shanghai Electric Group was one of the biggest firms engaged under the China-Pakistan Economic Corridor in Pakistan. The Thar Coal projects executed by the Group were annually saving around US $400 million.

The PM assured that the government will make no compromise on the security of the Chinese workers in Pakistan.

The meeting was attended by Chairman of Thar Coal Block 1 Power Generation Company Meng Donghai, Economic Affairs Minister Ahad Khan Cheema, Energy Minister Sardar Awais Khan Leghari, Petroleum Minister Dr Musaddik Malik, Deputy Chairman of Planning Commission Muhammad Jahanzeb and relevant senior officers.