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Updated 23 Oct, 2018 10:26am

Murad invites German investment in Sindh

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that Sindh is the land of opportunities and the provincial government has created one-window facility for inves­tors at Public Private Partnership Unit.

This he said while addressing the inaugural session of the German investors conference titled ‘Made in Pakistan with German engineering’ organised by German-Pakistan Chamber of Commerce & Industry (GPCCI) at a local hotel on Monday.

He said that Sindh has vast investment opportunities in different sectors such as energy, including renewable and fossil fuel, infrastructure, agriculture, corporate farming, textile, city design, heavy engineering, public transport, pharmaceutical and in various other sectors.

He said that Sindh has a vast wind corridor at Jhimpir and Gharo near Karachi. It has a potential of producing 50,000MW wind energy.

Mr Shah said that the provincial government was working on solar energy for which the entire province is available where solar panels could be installed for power generation. Smart, mini, micro grids in rural areas could be established under PPP mode. “We [are] establishing a 50MW solar power project with model grid connectivity at Manj­hand, [district] Sehwan,” he said and added that in such projects there were vast investment opportunities.

Talking about coal energy, the chief minister said that Sindh has vast coal reserves and in their exploitation the German experts have played their role.

Mr Shah appreciated the GPCCI for organising the conference in the metropolis. “Karachi is a hub of trade and industry with facilities of seaport, airport, rail network and goods transport facilities and availability of skilled and unskilled labour,” he said and added that these features were enough to ensure good returns.

Others who spoke on the occasion included Sindh Energy Minister Imtiaz Shaikh, German Consul General Eugene Wollfarth and others.

Published in Dawn, October 23rd, 2018

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