Pakistan to offer incentives to foreign firms in nuke field

Pakistan's growing energy requirements would be partly met by nuclear power for which it was imperative to provide enhanced facilities and tax concessions to the foreign investors interested in setting up private nuclear power plants, Dawn daily on Sunday quoted an official as saying.

The official pointed out that the setting up of nuclear power plants by foreign investors under the safeguards of International Atomic Energy Agency (IAEA) would address "proliferation concerns" of the US and western countries.

Pakistan's Private Power and Infrastructure Board (PPIB) was being asked to work out fiscal and non-fiscal incentives to attract foreign investment, the official said.