ACWA Power company of Saudi Power Invest $4 Billion in Pakistan

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Saudi Power Company ACWA to Invest $4 Billion in Pakistan
Saudi Power Company ACWA to Invest $4 Billion in Pakistan

In Sunday report ACWA Power producing company from Saudi Arabia tell us about its desire that he wants to invest $4billion in Pakistan energy sector. The meeting is held in between a minister of finance Asad Umar from Pakistan and ACWA Power chairman Mohammad A Abunayyan from Saudi Arabia here at the board of investment.

The representer of Pakistan in this meeting includes the person was Prime minister on commerce, industry and textile Abdul Razzaq Dawood, minister of power Omer Ayub Khan and Bol chairman Haroon Sharif.

What ACWA power chief said in the speech:

Mohammad A Abunayyan in this occasion said that the ACWA power was an investor, and co-owner of power generation and desalinated water production plants in the country of North Africa, middle east, southern, Africa, and southeast.

He said that his company wants to invest in Pakistan energy sectors, as there was huge investment needed for the production of cheap energy to fulfill our requirements.

What finance minister of Pakistan said in the speech:

The finance minister from Pakistan said that visits of Saudi crown prince would help in open up the new revenues of trade and investments.

He also said that ACWA power has excellent in solar power technology and they want to invest in Pakistan energy sectors to reach their energy sources and fulfill the requirements. According to his that not only the economic relation reflects the real potential of the country relationship. However, after all this talk a considerable investment that Saudi Arabia offered to Pakistan, and the strength and trade of these two countries become strong.

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