Beijing- China Development Bank has agreed to sponsor an awareness conference for prospective investors for the construction of the 4,500 MW Diamer Bhasha Dam, the state media reported today.

This transpired during Finance Minister Ishaq Dar’s meeting with the Executive Vice President of China Development Bank Zhao Xiaoyu in Beijing. The Minister said there is potential in energy, power, mining, agriculture and infrastructure sectors and  the Bank

would  reap further dividends if it teamed up to develop these potentials. He mentioned that Pakistani policy regime in the power sector is very rewarding. Zhao Xiaoyu expressed appreciation for Pakistan’s cooperation particularly in the investment sector.

He said China Pakistan Economic Corridor had opened up broad new vista of opportunities. Pakistan was increasingly providing a good space to companies to establish their footprint.

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