Italian Envoy Calls On Khawaja Asif
ISLAMABAD, (UrduPoint / Pakistan Point News - 28th july, 2016) : Italian Ambassador Stefano Pontecorvo called on Federal Minister for Defence, Water and Power Khawaja Muhammad Asif here on Thursday. During the meeting, areas of mutual interest, bilateral relations and investment opportunities in the power and defence sectors came under discussion, according to a press release. The ambassador commended the cordial relations the two countries are enjoying at different levels. He said Pakistan has several lucrative sectors where Italy would like to invest. The minister said Pakistan is looking for strengthening relations with every country and it has a lot of potential in the field of energy, defence, trade and scientific and technological development which needs to be exploited.
Khawaja Asif said that the energy sector is being made more attractive for the investors so that foreign investment in the coal and hydel power generation could further increase to meet the country's future requirements.
"Investment in micro-hydel and Run of the River projects as well as in transmission and distribution in Pakistan will not only benefit Pakistan but also profitable for Italy," the minister added. The ambassador assured full support of the Government of Italy in the fulfilling Pakistan's development agenda particularly in the power sector.
He said that Italian investors have keen interest for making more investment in diverse sectors of Pakistan.
Govt hikes petrol price by Rs4.13 per litre
IGP Sindh attends passing-out ceremony
DC directs preparedness for rain emergency amid weather forecast
AJK SC directs MDA to resume services with immediate effect
Governor Sindh distributes Rashan bags
7 matches decided in National Kabaddi C’ship
KU moot calls for raising awareness of rare diseases
Maryam directs Dadhocha Dam completion by November 2025 to meet Rawalpindi's wat ..
Commissioner for excessive plantation to minimize effects of climate change
ISSI hosts seminar on “Pakistan’s Space Policy, Tapping into the space poten ..
CM Domki directs to utilize resources for provision of facilities to flood victi ..
British Councils selects 600 schools to promote inclusive education
More Stories From Pakistan
MPA vows to improve living standard of people6 hours ago
PML-N vows to initiate poor centric policies: Musadik6 hours ago
3 killed in Shah Latif Town Karachi6 hours ago
IGP Sindh attends passing-out ceremony8 hours ago
DC directs preparedness for rain emergency amid weather forecast8 hours ago
Governor Sindh distributes Rashan bags8 hours ago
KU moot calls for raising awareness of rare diseases8 hours ago
Maryam directs Dadhocha Dam completion by November 2025 to meet Rawalpindi's water needs8 hours ago
Commissioner for excessive plantation to minimize effects of climate change8 hours ago
ISSI hosts seminar on “Pakistan’s Space Policy, Tapping into the space potential”8 hours ago
CM Domki directs to utilize resources for provision of facilities to flood victims in Gwadar8 hours ago
British Councils selects 600 schools to promote inclusive education8 hours ago