Alvi lures Swiss companies to invest in Pakistan's highly profitable energy projects.


ISLAMABAD -- President Dr Arif Alvi on Tuesday emphasized that the energy demand in Pakistan had created highly profitable opportunities for the Swiss companies to invest in the renewable, hydel and clean technology power generation projects.

There were also investment opportunities in research and innovation to increase productivity and profitability in crops, dairy, forestry, irrigation and water management, land management, seed production and biotechnology sectors, he added.

The president was talking to President of the Council of States of Swiss Confederation Jean Rene Fournier, who called on him here at the Awan-e-Sadr.

He said the growth in all industries had placed great demands on all facets of Pakistan's air, sea, rail and road and physical infrastructure. There was also a huge tourism infrastructure potential in the country and the Swiss firms could explore those investment opportunities, he added.

The president said India's illegal actions to alter the disputed status of Indian Occupied Jammu and Kashmir (IOJ and K) and the imposition of communication blockade not only contravened numerous UNSC resolutions and international law, but also blatantly violated the basic human rights of the IOJ and K people.

The Jammu and Kashmir, he said, was not an internal affair of India, rather an internationally recognized dispute, pending on the agenda of the United Nations Security Council (UNSC) for 70 years.

He highlighted that the bilateral Simla Agreement that India had been presenting to the world as the sole...

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