he International Oil & Gas Exhibition OGPO Asia to be held at the Karachi Expo Centre from 27 – 29 March 2010, offers the International and Pakistani business community a strategic launch-pad to access the vibrant Pakistan, Afghanistan and Central Asian Republic Markets. The Oil & Gas Exhibition would serve as a comprehensive showcase of the latest in technology, equipment and machinery as well as allied services, while providing overseas investors with a definite outlook of the regional oil & gas sector and an opportunity to meet their prospective local counterparts and business partners.
The oil & gas sector has been identified as an engine of growth by the Government and its unprecedented growth is expected to further promote investment activities in the Country. Pakistan has much potential for Electric Power Generation and greater role is being assigned to natural gas and coal. Exploration and utilization of alternate sources of energy has also been started in the Country. Pakistan?s geographic location makes it ideal to harness unlimited solar energy. Enormous investment opportunities for the Independent Power Producers (IPPs) exist in the Hydro Power generation plants. Pakistan has a potential of almost 50,000 MW WIND POWER, which could produce cheap electricity and reduce production cost for the cottage industry in the rural areas.
Pakistan – The Regional Business Hub,
Where the Opportunities Galore! Pakistan – the land of numerous unexplored opportunities has recently earned a good name in the international market for being a vibrant and progressive developing country in the world. The Government of Pakistan has adopted a liberal investment policy to attract maximum foreign investment, where foreign investors can hold upto 100% equity in several economic sectors. As a result, the Foreign Direct Investment (FDI) in the Country has increased substantially over the past few years, thus differentiating Pakistan from many other countries of the region. Also, the vital indicators of Pakistan’s economy have shown extra ordinary improvement such as enhanced GDP and GNP, increased foreign reserves, sky-rocketing stock market performance, stable Pakistani currency and improved balance of payments.
Karachi, March 10, 2010: Pakistan Petroleum Dealers Association (PPDA) and Ecommerce Gateway Pakistan (Pvt) Ltd. have signed a Memorandum of Understanding to collaborate with each other for the Oil & Gas Asia International Exhibition & Conference for the next 5 years.
The 6th International Oil & Gas Asia is being organized by Ecommerce Gateway Pakistan in conjunction with ITIF Asia 2010, a UFI (Paris) approved Event encompassing Exhibitions & Conferences on Power & Alternative Energy; Engineering and Auto & Transport from March 27 to 29, 2010 at Karachi Expo Centre. The show would be an ideal platform for establishing international linkages & transferring information on state-of-the-art technology in Oil & Gas, to local research institutions and industries in Pakistan.
Chairman Pakistan Petroleum Dealers Association Mr. Abdul Sami Khan at the occasion said that as the association works for the interests of its members in providing exposure to expand their horizons in the Int’l Oil & Gas Industry, PPDA has decided to extend their cooperation to Ecommerce Gateway’s Event which will prove to be an avenue towards sharing of knowledge, international interaction and seek collective business possibilities vis a via inviting international investors in Pakistan.
President Ecommerce Gateway Dr. Khursheed Nizam said that the oil and gas sector has a considerable impact on the economy and the sector attracts by far high level of foreign direct investments in the country, and raises significant tax income for the government.