ISLAMABAD: Denmark is ready to help Pakistan in its efforts to overcome energy shortfall, said Ambassador of Denmark Jesper Moller Sorensen on Thursday.
Though, we have small embassy in Pakistan with few officials but work hard to improve bilateral trade relation and last year established commercial section in the embassy, he said during a press conference.
A Denmark prominent wind company Vestas has begun a new journey in Pakistan and would provide wind technology to Pakistan. He highlighted the Danish story of transitioning from a society dependent on imported fossil fuel to a completely energy independent economy with an increasing amount of renewable in the energy mix.
Head of the Vestas delegation Danny Nielsen and Chief Operating Officer Vestas Asia Pacific and China said Pakistan could definitely change the energy mix in favour of wind energy.
We have seen so many success stories from other countries, who had been struggling with energy challenges, but today are coming out of this crisis in favour of wind, said Neilsen.
These are very strong reasons as to why wind and renewable energy is the future answer to the world’s energy problems, he added.
He said the Company’s representatives shared knowledge about the potential and existing solutions within wind energy and how Pakistan’s local developers could embark on this journey, especially when they were facing financing issues.
We can provide strong support on project financing programs to Pakistani local partners, which will be a strong arm to them at the beginning of their wind business, said Nielsen.
He assured Vestas would appoint local people, properly trained them and efforts would be made to localise every thing. He informed the Company has started hiring local people and soon it would start complete function in Pakistan.
Adviser to PM Dr Mussadiq Malik welcomed the support of Denmark for overcoming the energy shortfall in Pakistan and for establishing commercial activities in Pakistan.
The government is offering attractive facilities to foreign investors and has bright future prospects. There are some law and order problems but the government will ensure protection to investors.
KARACHI: Karachi equity market ended higher amid lackluster trading activity on Thursday. Investors ...