Pakistan has ‘unlimited potential’ for international investment, Kakar tells Kuwait-based energy firm

Pakistan Caretaker Prime Minister Anwaar-ul-Haq Kakar (right) in a meeting with the chief executive officer of the Kuwait-based firm, EnerTech, in Islamabad, Pakistan on January 23, 2024. (Photo courtesy: PMO)
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Updated 23 January 2024
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Pakistan has ‘unlimited potential’ for international investment, Kakar tells Kuwait-based energy firm

  • Pakistani PM Kakar says country has investment potential in energy, IT and other sectors
  • Pakistan has been grappling with soaring energy prices, frequent power outages since 2022

ISLAMABAD: Pakistan has “unlimited potential” for international investment in energy, information technology and other sectors, Caretaker Prime Minister Anwaar-ul-Haq Kakar told the chief executive officer of the Kuwait-based firm, EnerTech, on Tuesday. 

The South Asian country has been grappling with surging energy prices and inflated power bills since 2022. Pakistan’s energy imports during fiscal year 2022-23 were clocked in at $17 billion, 30.7 percent of the country’s total imports, according to official figures. To cut reliance on imported fossil fuel and save foreign exchange, Pakistan said last year it plans to increase clean energy’s share in its energy mix to 60 percent by 2030. 

EnerTech CEO Abdullah Al-Mutairi called on Kakar at the Prime Minister’s Office (PMO), a statement by the premier’s office said. 

“Pakistan has unlimited potential for international investment in energy, IT, and various sectors,” Kakar was quoted as saying by the PMO. 

In August last year, EnerTech said it was exploring collaboration and investment opportunities in Pakistan’s K-Electric power supply company. The Kuwait-based energy firm said it aimed to help accelerate the South Asian country’s transition toward renewable energy. 

EnerTech Holding is a fully-owned subsidiary of the National Technology Enterprises Company (NTEC), which is a wholly-owned subsidiary of the world’s oldest sovereign fund, the Kuwait Investment Authority, with a presence in 65 countries.


Pakistan to launch last 2025 anti-polio nationwide drive targeting 45 million children next week

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Pakistan to launch last 2025 anti-polio nationwide drive targeting 45 million children next week

  • Over 400,000 frontline health workers will participate in Dec. 15-21 nationwide polio vaccination campaign, say authorities
  • Pakistan is one of only two countries in the world, the other being Afghanistan, where wild poliovirus remains endemic

KARACHI: Pakistan will kick off the last nationwide anti-polio vaccination campaign of 2025 targeting 45 million children next week, the National Emergencies Operation Center (NEOC) said on Monday, urging parents to coordinate with health workers during the drive. 

The campaign takes place days after Pakistan launched a nationwide vaccination drive from Nov. 17-29 against measles, rubella and polio. Pakistan said it had targeted 22.9 million children across 89 high-risk districts in the country with oral polio vaccination drops during the drive. 

Over 400,000 health workers will perform their duties during the upcoming Dec. 15-21 nationwide polio vaccination campaign, the NEOC said in a statement. 

“Parents are urged to cooperate with polio workers and ensure their children are vaccinated,” the NEOC said. “Complete the routine immunization schedule for all children up to 15 months of age on time.”

Health authorities aim to vaccinate 23 million children in Punjab, 10.6 million in Sindh, over 7.2 million in Khyber Pakhtunkhwa, over 2.6 million in Balochistan, more than 460,000 in Islamabad, over 228,000 in Gilgit-Baltistan and more than 760,000 children in Pakistan-administered Kashmir during the seven-day campaign, it added. 

Pakistan is one of only two countries in the world where wild poliovirus remains endemic.

Polio is a highly infectious and incurable disease that can cause lifelong paralysis. The only effective protection is through repeated doses of the Oral Polio Vaccine for every child under five during each campaign, alongside timely completion of all routine immunizations.

Islamabad’s efforts to eliminate poliovirus have been hampered by parental refusals, widespread misinformation and repeated attacks on anti-polio workers by militant groups. In remote and volatile areas, vaccination teams often operate under police protection, though security personnel themselves have also been targeted and killed in attacks.