SHANGHAI, China: Chief Minister of Sindh Murad Ali Shah has said that the Sindh Investment Conference in Shanghai will create new Chinese investment opportunities in Sindh.
Talking to media Murad Ali Shah promised that the Sindh government will extend full protection and one-window investment facilities to the Chinese investors.
The international investment conference in Shanghai, under the aegis of the Sindh government, was attended by around 400 representatives of of over 100 companies from China and other countries.
Sindh’s CM Murad Ali Shah said that 16 memorandum of understanding (MoUs) were signed between the Chinese firms of the Sindh government.
Meanwhile, other agreements were also signed between various private sector business concerns, chief minister said.
He expressed hopt that Karachi will also move forward on progress like Shanghai, adding that there are cooperation opportunities in Thar Coal, electric vehicles and establishment of charging vehicles. “We are trying for inviting investment in wind, solar energy, Thar Coal, agriculture and digital development sector,” Murad Ali Shah said.
He said that Sindh is contributing more than 27 percent in the national economy, “We are working to make Karachi an in
Chief Minister said that in the second phase of the CPEC, more focus has been on the industry, agriculture, minerals and technology.
He said there are vast deposits of coal and granite in Thar region, while the Sindh’s wind corridor could generate over 50,000 megawatts of electricity.
During the investment moot billions of dollars development and industrial projects were floated including the CPEC preferential project Dhabeji Special Economic Zone, comprises over 1530 acres with 10 years income tax exemption with duty-free machinery facility.