Pakistan seeks investment in solar parks to cut energy bill

In order to meet energy requirement of the country, Caretaker Prime Minister Anwaarul Haq Kakar on Tuesday invited China to invest in solar parks to help reduce Pakistan’s energy import bill and support the country’s fight against climate change. “Investments in solar parks would benefit two-fold. On one hand, they will support Pakistan’s endeavours for climate action and also help reduce energy import bill,” the PM said while addressing 3rd Belt and Road Forum (BRF) for International Cooperation conference in China. According to the Prime Minister’s Office (PMO), on the sidelines of the conference, the caretaker PM met several world leaders, including Chinese President Xi Jinping and Russian President Vladimir Putin. The prime minister expressed Pakistan’s desire to learn from China’s models for building industrial parks and special economic zones. Terming the China-Pakistan Economic Corridor (CPEC) a manifestation of strategic cooperation, PM Kakar said the project symbolises coordinated efforts of the two countries to bring their economic and trade ties at par with each other.