Sindh Chief Minister Syed Qaim Ali Shah has said that the Sindh government is encouraging local and foreign investment in energy sector through public private partnership (PPP), joint venture (JV), providing tax holiday with other incentives to fill the gap in power generation and overcome energy crises.
He stated this while talking to Consul General of France Francois Dall’Orso who called on him on Tuesday. He invited the French public and private investment companies to come forward and avail the opportunities of investment in Sindh which was rich with untapped natural resources of power generation.
The chief minister said France was a close associate and friend of Pakistan. He said Shaheed Zulfikar Ali Bhutto was the pioneer of the friendship between both countries who had signed the historical nuclear agreement with France for the development and prosperity of Pakistan.
He said unfortunately Pakistan including Sindh still faced the energy crisis despite having natural resources such as coal reserves, wind corridors and environment of solar energy. He said the Sindh government had already been entered into an agreement with investment companies of China, Turkey and other countries and was providing good incentives to these companies. The chief minister through the consul general offered the French companies to avail the investment opportunities in Sindh for which full support and infra structural facilities will be provided to them. The consul general of France, talking on the occasion, said Karachi was an important city of the South Asia and his country was keenly interested to increase the trade volume between France and Sindh province.
He expressed his interest in the wind energy and preservation of ancient historical archaeological sites in Sindh. He said exchange of business delegations would further pave way for increasing trade volume and investment in different areas of interest.