Saudi Arabia shows interest to invest in alternative energy sector


Islamabad, Oct 01 (TNS): Saudi Arabia has shown interest to invest in alternative energy sector in Pakistan.

The interest was expressed by a Saudi delegation led by Advisor on Energy Ahmad Hamed Al-Ghamdi at a meeting with Energy Minister Omar Ayub in Islamabad on Monday.

The Minister informed the Saudi delegation about the power production and new hydropower projects in Pakistan.

He said there is huge potential of investment in energy sector in Pakistan. He said foreign investors will be provided facilities at every level.

The Saudi delegation assured full cooperation for resolution of the problems in energy sector.

Meanwhile, the Saudi delegation also met Advisor on Trade Abdul Razzak Daud.

The two sides discussed ways to increase bilateral trade.