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Home›TRENDING›‘Saudi investment to reduce import bill’

‘Saudi investment to reduce import bill’

By Agha Imdad
February 18, 2019
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Government Minister for Finance Asad Umar has said a Saudi organization is keen on putting resources into Pakistan’s vitality division.

The fund serve said after a gathering with an assignment headed by Saudi Arabia’s Minister for Energy, Industry and Mineral Resources Khalid Al Falih that the speculation will prompt a decrease in Pakistan’s import bill, while the nation’s vitality needs will be satisfied in a domain inviting way.

Umar further said that the Saudi organization Aqua Power is a worldwide name in the sustainable power source segment and praised enthusiasm of the global in interest in the nation’s vitality area.

Prime Minister Imran Khan and HRH Crown Prince Mohammed bin Salman witnessing the signing of MoUs at Islamabad. #CrownPrincePakistanVisit #InvestInPakistanpic.twitter.com/tX72XP6huf

— Govt of Pakistan (@pid_gov) February 17, 2019

“Aqua Power will produce electricity through solar energy, while increase in the amount of renewable energy resources will cut down the import bill of the country,” he said. The finance minister and the delegation led by the Saudi energy minister held discussions pertaining to plans for investment worth billions of dollars.

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