Russian Investment in Pakistan: Country will fund $2 bn in energy sector

0
134

According to sources, there is a possibility of $2 billion Russian investment in Pakistan in different sectors.

Inter RAO Engineering offered to make Russian investment in Pakistan of worth $2 billion. The investment will be made in the water and power projects.

Inter RAO Engineering is among the largest Russian public energy companies that is also doing joint ventures with different European companies such as Siemens in Russia.

However, they want a government to government basis deal between Pakistan and Russia. However, Inter RAO Engineering is also constructing a dam on the Kabul River in Afghanistan.

Russia and Pakistan have already made the governmental agreement to develop the north-south LNG pipeline. Both countries also signed the MoU or Memorandum of Understanding for the offshore gas pipeline project. Now, Inter RAO Engineering offered investment in water and power sectors in Pakistan.

LEAVE A REPLY

Please enter your comment!
Please enter your name here