InfraCo Asia commits to further infrastructure development and investments in Pakistan:
The InfraCo Asia team was in Islamabad recently to give updates to its Owner representatives, joint venture partners, and key stakeholders. Meetings were conducted with key Pakistan government officials, including Minister of State and Board of Investment Chairman Zubair Umar, Minister of Energy Omar Ayub Khan and Special Assistant to the Prime Minister on Energy.
The meetings covered future investment and development opportunities in the renewable energy and waste-to-energy sectors, ways that InfraCo Asia could partner with local companies and how private sector investment might be catalysed in Pakistan through these activities.
InfraCo Asia recently entered into a joint venture with Albario Engineering Pvt Ltd (AEPL) under project company PRISM ENERGY, which seeks to develop distributed rooftop solar systems of up to 40MW in aggregate capacity in Pakistan. The project aims to improve the reliability of energy supply for the commercial and industrial sectors.
On 13 February, InfraCo Asia CEO Allard Nooy presented on developing opportunities for the country’s wind power sector at the Pakistan Energy Reform Summit at the Serena Hotel in Islamabad.