Chinese firm to enhance energy co-op

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Power Construction Corporation of China Ltd, the biggest hydropower designer and builder in the country, has assured that it would fully support Pakistan in its efforts to overcome energy shortage.

This was stated by the Company’s President Yan Zhiyong in a statement issued here.
He said in many overseas projects in countries such as Pakistan, the company provides power solution services for the whole country’s energy supply instead of a single project.

His company will enhance its cooperation with Pakistan to meet its energy needs, he said, adding in the past several years, we have provided power planning for free to more than 30 countries along the Silk Road.

The company will build on its current achievements to accelerate its overseas work during the 13th Five-Year Plan (2016-20), Yan Zhiyong added.

By the end of 2015, the company, often called PowerChina, made than 50 percent of the gross profit from its international business.
Overseas business takes up more than 30 percent of its total revenue, according to the company.

“PowerChina will continue to bring the best power solution to the world,” he said.
“In our overseas projects, the company offers not only technologies and experiences, but also lessons we’ve learned.”

“As a global company, we are making efforts on sustainable growth not only for Chinese people, but also for people in the whole world.”

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