Pakistan's electricity consumption set to surge 5% annually from 2023 to 2047

December 29, 2023 (MLN): Pakistan is projected to maintain an annual growth rate of 5% in electricity consumption from 2023 to 2047, Muhammad Wazir, Science and Technology Counsellor of the Embassy of Pakistan in China said while engaging in a comprehensive discussion regarding cooperation in electric appliances.

Wu Yilin, Vice General Manager of the Import and Export Company of the Group, accompanied a delegation led by Muhammad Wazir on an extensive tour of the Innovation Experience Center and the Smart Factory, as APP reported.

Through exploring immersive intelligent inspections, digital production lines, and the showcased power solutions, which included the integration of smart grids and the digital energy system, the delegation gained a comprehensive understanding of People Electric Appliances' product line, production processes, and technological capabilities.

“People Electric Appliances Group has made impressive achievements in the industry, and we commend their dedication to innovation and quality,” said Khan Muhammad Wazir.

During the following discussion, Wazir highlighted Pakistan's electric appliance market and expressed a strong interest in fostering exchanges and collaboration with the group in the industrial sector.

This surge in demand will also fuel the need for electrical appliances in the market.

Due to a late start in the market, there are relatively few domestic enterprises engaged in electrical appliance production in Pakistan, and their technological capabilities are comparatively outdated.

“Through the collaboration, we aim to explore avenues for cooperation in technological exchange and market development,” he added.

“We see great potential in cooperating with Pakistani enterprises to explore international markets together,” said Wu Yilin, providing an overview of People Electric Appliances' domestic and international presence.

“With a wide range of advanced technologies and innovative products, we are eager to leverage our experience and resources to foster mutual growth,” he concluded.

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