ISLAMABAD: Alexander Razinski, Chairman, and Peter Strouzas, Research and Development Manager of M/s Invar International Holding, Inc. USA Corporation called on Special Assistant to Prime Minister and Chairman Board of Investment, Dr. Miftah Ismail and Secretary BOI, Imran Afzal Cheema and wished to invest in the country.
Alexander Razinski said that Invar International Holding, Inc. is a privately held Virginia, USA corporation that through its subsidiaries, invests in and develops energy infrastructure projects and provides investment management and consulting services for international business transactions, specializing in the energy sector and project finance.
Invar, he said has recently completed its work on the first two privately-owned power plants in Moscow, Russia, which it developed in partnership with Zorlu Enerji Group, he told.
The Chairman BOI said that Pakistan has reserves of 175 billion metric tons of coal at Thar Coal and 100,000 MW energy can be produced for the next 200 years.
He said that investment in Gaddani power project is priority of the present government.
The coal gasification will bring clean fuel, power and jobs in Pakistan.
Investment in energy sector is the priority of Prime Minister Mian Muhammad Nawaz Sharif to bridge the gap of demand and supply which is now more than 6000 MW.
Secretary BOI highlighted the investment policy and incentives offered in the special economic zones of Pakistan.