Dubai: Prime Minister Shehbaz Sharif has called on global investors, governments, and financial institutions to explore Pakistan’s vast opportunities in renewable energy, infrastructure, and technology. Speaking at the World Global Summit on Tuesday, he outlined Pakistan’s commitment to economic transformation, climate resilience, and sustainable development.
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The prime minister highlighted Pakistan’s ambitious clean energy targets, aiming for a 60% renewable energy mix by 2030. He emphasized the country’s untapped potential, including 50,000 MW of wind energy in the south and 30,000 MW of hydro capacity in the north. “Our energy transition alone requires $100 billion in investment,” he stated, urging international collaboration to achieve these goals.
Shehbaz Sharif also pointed to significant policy reforms, including tax exemptions, incentives for solar energy adoption, and streamlined investment regulations. He reaffirmed Pakistan’s commitment to fostering a dynamic business environment, citing the establishment of the Special Investment Facilitation Council (SIFC) to attract foreign direct investment in key sectors such as renewable energy, technology, and agriculture.
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The prime minister stressed the importance of climate financing and technology-sharing to support Pakistan’s sustainability initiatives. He expressed optimism that with global partnerships, Pakistan could drive economic growth while ensuring a greener and more resilient future.