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Access Energy sign MOU with German Wind Turbine Manufacturer |
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The Fuhralander of Germany and Access Energy Inc of United States have signed an agreement with Alternative Energy Development Board (AEDB) of Pakistan, to manufacture wind turbines in Pakistan to help establish wind power projects. US-based Access Energy will develop a 1000 MW wind power plant in steps of 50 MW along the general wind corridor in Gharo, would finance the project, whereas the German Company, Fuhrlander, would transfer the technology to Pakistan for manufacturing of wind turbines along with its accessories to set up a minimum of 1000 MW power plants. From the Press: |
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Access Group International looks forward to
serving as a vital intermediary—via its Trade and Business
Development Center—between the United States and Pakistan.
Mr. Naeem is a well-respected businessman in the
Pakistani-American community and was recently honored with
the “Businessman of the Year” award for 2003 by the National
Business Advisory Council. AGI is headquartered in Beverly Hills, CA (USA) and is working closely with the Pakistani Consulate’s Commercial Consul, Mr. Tariq Bajwa, as well as the Beverly Hills Chamber of Commerce and other governmental and private agencies.
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ACCESS ENERGY’s $126 million dollar investment in highly advanced wind turbine technology is projected to generate 100 megawatts during the first year of operations at the company’s wind farm in the port city of Karachi. The company is also currently exploring the viability of generating an additional 1,800 megawatts via on- and off-shore projects in the next ten years. The transfer of such technology to Pakistan will not only serve as a cost-effective and cleaner alternative source of energy, but will also provide an additional boost to the country’s growing economy. Numerous jobs will be created as a result of ACCESS ENERGY’s plans to assemble and manufacture wind turbines in Pakistan and export them throughout the world. Undoubtedly, this venture is of significant value to Pakistan’s foreign exchange reserves. In order to assure proper maintenance and quality control on the project, ACCESS ENERGY is proposing to establish a formal training program for its Pakistani workforce since it estimates that Pakistanis will perform at least 30 % of the project. In addition, the company plans on sponsoring wind-engineering programs in the country’s major universities to further educate Pakistani engineers and technicians about the many advantages of wind turbines. Access Energy is a dynamic, fast growing company dedicated to providing clean .energy solutions in the form of wind energy6 and compressed natural gas. From the Press:
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Congressman Rick Renzi (R-Arizona) commended Mr. Naeem on
his outstanding
success as head of AGI, a company he founded in 2000 and
which has since rapidly
Access Group International is headquartered in Beverly Hills
and is a member of the
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On March 21, 2005, over one hundred and fifty US and Iraqi
companies gathered in
The luncheon commenced with a proclamation to the Iraqi
Chamber by the Mayor,
Media for Rebuilding Iraq Through Trade was covered by James
Flanigan, Los Angeles Times Senior Economics Editor and
business columnist, who has covered national and
international business and economics for 41 years and who
has been covering Iraq since 1991. He has focused on every
aspect of business and finance and examined in major
articles the economies of countries stretching from Europe
to Asia, Latin America, the Middle East and Africa. Rebuilding Iraq through Trade was a follow-up event to a 2004 Iraq roundtable luncheon organized by ITS Ceballos and Michael Robinson, Acting CEO of Beverly Hills Chamber, which was incorporated into Beverly Hills Global’s International Business Development workshop.
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