Power India found according to Noor Muhammad Kasuri (Chairman, Pak-India Business Council), Indian Investors are planning to invest around $20 Billion to $50 Billion in the Mining, Petroleum, Energy, Power & Infrastructure Projects of Pakistan.
As per him, Indian private sector has also shown eagerness to export electricity to Pakistan through Wagah-Attari border and can lay electricity lines within months for this purpose.
At the Nuclear Security Summit in March, India had formally offered Pakistan 5,000MW of electricity during a brief meeting between Indian Prime Minister Dr Manmohan Singh and Prime Minister Yousaf Raza Gilani.
After enhancement in trade ties, opportunities for big projects like gas pipeline project between Turkmenistan, Afghanistan, Pakistan and India will further increase. He stated that access and acceptability for Pakistani products in Indian markets has been improved after recent initiatives to improve relations between both governments.
PIBC Chairman also examined that India has developed infrastructure in tourism, information technology, agriculture, business and industrial fields and Pakistan can take advantage from Indian experiences.
Moreover, Pakistani businessmen and industrialists should avail opportunities in this regard through hard work and honesty. PIBC has also suggested to governments of both the countries to establish joint industrial and economic zones.
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