In a press statement, the complex would help increase Iraq's output of liquefied natural gas to supply power stations with required gas to generate 1,500 megawatts and to export surplus
to the world to boost the state revenues.
He said that by investing in Pakistan, Chinese companies could export surplus
products to South Asia, Middle East, Africa and many other countries.
It was agreed that SMEs sector should be uplifted by providing access to finance that will contribute to generate export surplus
and to create jobs.
The company produces several grades of quality sugar and is involved in the co-generation to export surplus
electricity to the national grid.
It allows consumer to export surplus
clean energy to neighbours.
Even on the growth front, plan to create an export surplus
and attempt import substitution have serious flaws - namely, what can we export to fill a trade gap of around $25 billion, and how can we substitute imports with quality domestic products?
He said that by investing in Pakistan, Chinese companies would be able to meet the needs of local market and export surplus
products to many countries including Middle East, Central Asia and other regions.
Currency devaluation or flexible exchange rate boosts exports from the economies with large and technologically advanced industrial base which produce substantial export surplus
of value added goods.
During the visit, Mosaad El Kasaby, head of SIDPEC, explained the measures taken by the company to secure the local market's demands of polyethylene and export surplus
, secure foreign currency, and support Egypt's economy.
Abdou stressed that the construction of a national network for the transfer of electricity is strong and high efficiency is one of the main components of Egypt's vision to export surplus
electricity to neighbouring countries.
Mashaly asserted that building a strong and efficient national electricity network is part of Egypt's vision to export surplus
to neighboring countries.
Achieving greater synergy will help the local refineries to export surplus
furnace oil and earn foreign exchange for the country.