Gezhouba Group keen to invest $10b in energy sector

ISLAMABAD - China Gezhouba Group Corporation (CGGC) has shown keen interest in investing $10 billion in Pakistan in different projects including hydro and construction sectors.
President of Gezhouba Group Nei Kai along with members of the company called on Special Assistant to Prime Minister & Chairman Board of Investment, Dr Miftah Ismail in Islamabad to discuss the investment opportunities prospects in the country. They specifically identified the projects in hydel and construction sectors. The company will also sign MoU with BoI, during a meeting with prime minister of Pakistan. The total volume of investment in these sectors is almost $10 billion. President of Gezhouba Group briefed the SAPM/ Chairman BoI that China Energy Engineering Group Company Limited (CEEC) was established on Sept. 2011. It is a sole state-owned company and provides full range of engineering services including feasibility studies, design, procurement, consultancy, planning, financing, construction, management, operation etc. The company has substantial business interests in over 60 countries worldwide. He said that China Energy Engineering Group is interested in the development of infrastructure and power projects in Pakistan.
They are already working on Neelum Jehlum project and also interested to invest in Gaddani power Plant, 660MW power generation project. They have also prepared feasibility report to participate in the bidding of Jamshoro power plant project.
Dr Miftah Ismail said that as the company is involved in large number of mega infrastructure projects in China and other countries, we offer the company to bid for the construction of Hyderabad-Sukhar road. The company was also involved in the construction of Jhang road, a part of Lahore to Multan Motorway. He also offered them to work on EPC contract for jetty and transmission lines.
China Gezhouba Group Corporation (CGGC) is affiliated with China Energy Engineering Group Company Limited (CEEC).  They have developed strategic relationships with a number of financial institutions and have undertaken a large number of mega infrastructure projects in China and other countries. The three core business sectors of CGGC are Construction engineering and related engineering technology research, hydropower investment (construction and management) and real estate development and management.

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