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Today's Paper | May 03, 2024

Updated 26 May, 2022 09:55am

‘Sindh open for investment’

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Wednesday said the potential projects for investment in the province included a wide variety of sectors including water and the environment, education and technology, industrial zones, eco-tourism, urban ecosystems and food security, with an estimated cost of $6 billion.

Speaking at the Sindh Investment Conference (SIC) in Davos, where he was the chief guest, Mr Shah highlighted the strides Sindh has made over the last few years in achieving socioeconomic development in sectors such as health and education as well as infrastructure and communications.

Mr Shah emphasised the government’s continuous efforts to develop the Thar Coal Project, which would be a mainstay of energy production not only for Sindh but for the whole country.

He further highlighted Sindh’s rise in the ease of doing business rankings through dedicated efforts, which has made investment protocols for both domestic and foreign investors easier.

Mr Shah invited the audience to invest in the multitude of opportunities being offered in Sindh through an enabling environment rooted in comprehensive legal and institutional mechanisms to ensure fair practices, transparency, and attractive economic returns.

The SIC was organised on the occasion of the World Economic Forum by Path Finder and Martin Dow Group in Davos, Switzerland.

During an interaction with the audience, several attendees from both foreign and domestic investment sectors appreciated the vision and projects presented by the Sindh government and showed eagerness to avail the investment opportunities.

At the start of the event, Ikram Sahgal introduced the Sindh delegation led by CM Sindh.

Thereafter, Mr Murad briefed the audience on the Sindh government’s vision and efforts to enhance investment opportunities in the province through a proactive approach under the Investment Department.

Published in Dawn, May 26th, 2022

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