Pakistan and Germany have inked financing agreement for Hydropower and Renewable Energy Phase-II worth 2,145.29 million rupees. Secretary, Economic Affairs Division Dr. Syed Pervaiz Abbas and Country Director, German Development Bank Wolfgang Moellers signed the document in Islamabad on Friday.
Minister for Economic Affairs Hammad Azhar was also present on the occasion. Speaking on the occasion, Hammad Azhar said the grant assistance will be helpful in addressing the increasing energy needs of the region while employing environment friendly solutions.
On the other hand, German Ambassador Bernhard Schlagheck has said that his country offered great prospects to the Pakistani students for getting higher education as its educational institutions were keen to enhance bilateral relationship with their Pakistani counterparts.
The German scholarships providing institutions were focusing on technical education and trying to assist the students to broaden their academic exposure and the Pakistani students could avail the opportunities, he said while addressing a day-long seminar on Opportunities for Students and Researchers in Germany” here at the International Islamic University Islamabad (IIUI).
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