KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Monday said that Sindh is the land of opportunities and the provincial government has created a one-window facility for investors at Public Private Partnership (PPP) Unit.
He stated this while addressing the inaugural session of German Investors Conference titled “Made in Pakistan with German Engineering”, which was organised by German-Pakistan Chamber of Commerce & Industry (GPCCI) at a local hotel.
Those who also spoke on the occasion were Sindh Energy Minister Imtiaz Shaikh, German Consul General in Karachi Eugene Wollfarth, and Senior Ministerial Counselor from Tha Bavarian Satte Ministry of Economic Affairs, Media, Energy & Technology, Munich, Ulrich Konstantin Rieger.
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 the potential of producing 50,000 MW wind energy, but “we are producing 1035 MW from 20 projects whereas the projects under the installation process would produce another 200 MW,” he said.
He added that the provincial government is working on solar energy for which the entire Sindh is available where solar panels could be installed for power generation.
“Smart, mini, and microgrids in rural areas could be established under PPP mode. We are establishing a 50 MW solar power project with a model grid connectivity at Manjhand near Sehwan,” he said and added in such projects there were vast investment opportunities.
Talking about coal energy, the chief minister said that the Sindh province has vast coal reserves and in their exploitation-in mining and power generation- the German experts had played their role.
“We are developing special economic zones and invite German companies to establish their factories here,” he said and added that his government would extend full support to German firms to built their factories here.
The CM appreciated GPCCI President Qazi Sajid Ali for organising such a conference here in Karachi. “Karachi is 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 pretty enough to ensure good returns.
