Pakistan invites Chinese companies to set up solar panels, lithium battery manufacturing units

MG News | October 21, 2019 at 10:24 AM GMT+05:00

0:00

October 21, 2019: Pakistan has invited Chinese companies to take advantage of incentives offered by government for investment and set up solar panels and lithium battery manufacturing units in the country.

The offer was made by Minister for Science and Technology, Fawad Hussain Chaudhry at a meeting with CEO of MERA PC Solutions in Beijing.

The Minister said Pakistan has huge potential in solar and lithium battery manufacturing and there are great opportunities for exports to Africa, Middle East, Central Asia, and Afghanistan.

He said the government would provide all facilities including land, technical support and human resource besides joint ventures opportunities to Chinese companies.

Fawad Chaudhry said Chinese companies should diversify manufacturing in Pakistan as the government wants to enhance production and exports.

The CEO of the MERA PC Solutions said his company would ensure transfer of technology to Pakistan and help increase local manufacturing and enhancing exports.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	178,499.06 236.19M	1.22% 2143.57
ALLSHR	107,236.83 570.28M	1.08% 1141.75
KSE30	54,782.48 131.96M	1.43% 772.16
KMI30	254,781.95 121.03M	1.63% 4095.97
KMIALLSHR	69,553.70 358.76M	1.30% 894.22
BKTi	50,118.21 35.88M	1.02% 505.69
OGTi	36,108.99 18.41M	2.42% 852.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,360.00	89,645.00 88,720.00	1475.00 1.68%
BRENT CRUDE	61.35	61.38 60.83	0.50 0.82%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	0.65 0.75%
ROTTERDAM COAL MONTHLY	96.75	0.00 0.00	0.20 0.21%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	57.91	57.93 57.41	0.49 0.85%
SUGAR #11 WORLD	14.95	15.22 14.80	0.11 0.74%