KUWAIT (APP) Prime Minister Syed Yousuf Raza Gilani on Tuesday urged the two Kuwaiti financial giants to help Pakistan overcome its energy shortage and develop infrastructure through investments in Thar Coal and build of Gwadar Ports facilities. We have one of the worlds largest coal reserves, 175 billion tonnes in Thar. The Kuwait Investment Authority (KIA) should consider investing in mining of Thar coal and generation of electricity with it, he said in his separate meeting with acting Kuwait Fund for Arab Economic Development (KFAED) KIA Director General Hesham Ibrahim Al-Waqayan and acting KIA Managing Director Othman Ibrahim Al-Isa here on the second day of his two days official visit to the oil-rich Arab state. Gilani offered the top executives of KFAED and KIA to take advantage of the liberal investment regime as well as the investment-friendly incentives in Pakistan. State Minister for Foreign Affairs Hina Rabbani Khar, Board of Investment Chairman Salim Mandviwala, senior PPP leader Raja Pervaiz Ashraf, Pakistans Ambassador in Kuwait Iftikhar Aziz and senior officials were also present in the meetings. During his meeting with Chairman KIA, the prime minister said, Pakistan is willing to offer Kuwait a portion of land of its strategically located Gwadar Port for setting up a terminal for the storage of its strategic oil reserves. We would also welcome KIAs investment for the development of Gwadar Port facilities and its related infrastructure projects, he added. Gilani also sought the KIAs investment for establishment of cold chain and food grain storage facilities, setting up of agro based industries in horticulture commodities and investment in livestock, dairy and poultry sectors in Pakistan. The produce of these projects can then be supplied to the Union of Consumer Cooperative Society of Kuwait, he added. The prime minister appreciated the role played by Pakistan-Kuwait Investment Company (PKIC) in Pakistan and said the PKIC should be allowed to participate in larger number of mega development projects in the country like done by the Kuwait-China Investment Company. Gilani said the Islamic banking is another sector where Pakistan can benefit the experience of Kuwait Finance House (KFH), a subsidiary of KIA, adding, the opening of KFH branches in Pakistan would be welcomed. He invited the KIA chairman to lead a delegation of Kuwaiti investors on a visit to Pakistan to assess first-hand investment opportunities available in our country, and decide to avail them to the mutual benefit of both sides. KIA is estimated to hold in excess of $200 billion of assets, and is reportedly one of the largest Sovereign Wealth Funds in the World. During the meeting with Kuwait Fund DG, the prime minister hailed the Funds recent decision for funding the Neelum-Jhelum project with $40.8 million and said Pakistan would welcome and appreciate further funding of more hydro power projects to help the country to overcome present power shortages. Referring to the colossal damage caused by the floods in Pakistan, Gilani said that Kuwait Fund should consider participation in at least two major infrastructure projects in Pakistan every year, instead of one at present. Gilani also sought extension in the validity period of KFAEDs ongoing projects in Pakistan, keeping in view the economic difficulties faced by the country, which at times cause delay in timely completion of the Funds financed projects. The acting Kuwait Fund DG said his organisation had agreed to provide funds for construction of 1,000 funds for Khyber Pakhtunkhwa and he would visit Pakistan in June to discuss details.