Japanese companies interested in energy sector of Pakistan: Envoy

News Image

MG News | July 23, 2018 at 01:47 PM GMT+05:00

Japanese ambassador Hiroshi Inomata says Japan and Pakistan have traditionally enjoyed good relations which will further strengthen with the passage of time.

He said this in an exclusive interview with Radio Pakistan's News and Current Affairs Channel in Islamabad on Tuesday. He said the existing level of trade between the two countries is around 2 billion dollars which needs to be enhanced. He said Japanese investors have already invested in automobiles, motorcycles, pharmaceuticals and other important sectors in Pakistan.

Hiroshi Inomata said many Japanese companies are interested in cooperation in energy sector in Pakistan. He said in the past Japan extended assistance to Pakistan in hydro-energy and now it is cooperating in clean energy production projects and alternative energy.

About Japan International Cooperation Agency (JICA) funded projects at the Pakistan Broadcasting Corporation, he said Japan is assisting PBC in its transition from analogue to digital technology. He said the project will be completed by September this year and will benefit a large number of people especially in FATA and Gilgit-Baltistan in receiving clear and better broadcasts.

The ambassador said Pak-Japan Business Forum with offices in Karachi and Lahore is very much committed to expanding bilateral trade and business ties. He said there will be a meeting of the Forum later this year. To a question, he said during 2009-2011 Japan extended assistance to Pakistan for projects relating to sewerage, food, medical and disaster relief.

Japanese ambassador said 5,000 Pakistanis have trained in Japan under JICA programs. Replying to a question, he said since 9/11 Pakistan has been bravely confronting the menace of terrorism and has offered many sacrifices in the fight against terrorism.

(APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 171,943.60
158.72M
-0.40%
-698.56
ALLSHR 104,321.41
475.66M
-0.32%
-337.01
KSE30 51,172.13
54.01M
-0.47%
-242.51
KMI30 244,613.98
54.36M
-0.61%
-1493.10
KMIALLSHR 67,557.66
293.76M
-0.40%
-268.80
BKTi 47,953.70
27.40M
-0.37%
-178.53
OGTi 34,968.31
4.83M
-0.32%
-113.75
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,275.00 78,525.00
77,880.00
-95.00
-0.12%
BRENT CRUDE 101.26 101.94
101.26
0.05
0.05%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
2.10
1.64%
ROTTERDAM COAL MONTHLY 140.00 0.00
0.00
1.25
0.90%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 96.52 97.79
96.51
0.47
0.49%
SUGAR #11 WORLD 18.35 18.47
18.08
0.25
1.38%

Chart of the Day


Latest News
September 09, 2026 at 11:06 PM GMT+05:00

Third straight fuel hike: diesel jumps Rs6.72, petrol Rs3.4


September 09, 2026 at 04:27 PM GMT+05:00

KP oil, gas output from Karak, Lakki Marwat fields rises in FY26


September 09, 2026 at 04:20 PM GMT+05:00

PKR posts marginal gain against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg