11. Lindbaek said that one way to support investment would be to open more sectors of the economy to foreign investment. 12. The power sector has been opened to private sector investment. 13. Foreign businessmen have repeatedly called for opening the sector to competition in the wake of a domestic boom in sales of consumer goods, especially electrical gadgets. 14. However, details of the new policy have yet to be finalised by the economic ministry, which will specify which sectors would be opened to Chinese investment. 15. However, the minister did not specify which sectors would be opened. 16. But Oil Minister Abdel Mohsen Midaj said Saturday that Kuwait had given up its plan to open the sector. 17. China conducts its foreign trade through state-owned import and export corporations but is beginning to open the sector which is one of the lynchpins of its economy. 18. The sector has been opened to the private sector and Bangladesh would like to know how the Philippines has overcome a similar crisis under Ramos, officials said. 19. It will be the first private power-station in the state since the electricity sector was opened to private investment. 20. New Delhi opened the sector to private companies last year. |