ISLAMABAD - Pakistan on Monday signed a memorandum of understanding (MoU) with Poland in energy and mineral resources sectors.
Under the memorandum of understanding (MoU), the Poland and Pakistan will cooperate and encourage investment in energy and mineral sectors fostering development of technological research.
Poland will work on the projects related to the power and energy in Pakistan, promoting best standards and practices, according to memorandum of understanding (MoU).
Poland will extend its cooperation in energy academics and scientific education fields.
Minister of State for Petroleum and Natural Resources, Mir Jam Kamal said on the occasion that government was making serious efforts for the implementation of power projects so that energy crises could be resolved in the country.
He said that various agreements have been signed with several foreign companies for overcoming load-shedding and their implementation would substantially reduce energy shortage in the country.
“Special incentives and facilities are being offered for investment in energy sector’ the minister added.
The minister said that efforts would be made for production of the equipment of the solar power plant in Pakistan which would result in transfer of Polish technology to the country.
The memorandum of understanding (MoU) was signed in the presence of secretary for Petroleum and Natural resources, Abid Saeed and Deputy Ecomomy minister of Poland Tomasz Tomzyklewisz. Various projects were discussed during the meetings held between the officials of the two countries.