Pakistan is participating China in agreements price $558 million
Lithium-ion batteries are pictured on the manufacturing web site of Saft Groupe, battery specialists, in Poitiers, France, October 5, 2017.
PHOTO: REUTERS
ISLAMABAD:
Pakistan is participating China in agreements price $558 million targeted on lithium-ion battery meeting and manufacturing for worth addition, officers stated on Tuesday.
The federal government is pursuing business-to-business engagements with Chinese language companies to use native mineral reserves and scale back import reliance by way of home battery manufacturing. A phased home provide plan has been recognized to deal with gaps, import dependence, joint-venture alternatives and required coverage actions.
This was mentioned at a high-level assembly on the Lithium-Ion Battery Coverage chaired by Particular Assistant to the Prime Minister on Industries and Manufacturing Haroon Akhtar Khan. The assembly was attended by Secretary Industries and Manufacturing Saif Anjum, Engineering Improvement Board Chief Government Hammad Mansoor and private-sector representatives.
Members reviewed progress on the Nationwide Lithium-Ion Battery Manufacturing Coverage 20262031. The SAPM stated the vitality storage coverage have to be built-in with Pakistan’s nationwide vitality safety framework, according to the prime minister’s directives, and underscored the significance of private-sector and world investor partnerships.
