Daily Times

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

He stated this while addressing the inaugural session of German Investors Conference titled ‘Made in Pakistan with German Engineering’ organized by German-Pakistan Chamber of Commerce and Industry (GPCCI) here on Monday.

Speaking on the occasion, the chief minister said that Sindh offers vast investment opportunities in different sectors such as energy, fossil fuel, infrastructure, agriculture-corporate farming, textile, city design, heavy engineering, public transport, pharmaceutical and various other sectors.

“Sindh has a vast wind corridor at Jhimpir and Gharo near Karachi. It has a potential of producing 50,000MW wind energy but we are producing 1,035MW from 20 projects, while under-installation projects would produce another 200 MW after completion,” he said.

The chief minister said that the provincial government was working on solar energy for which the entire Sindh was 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 Majhand in Sehwan district,” he said and added that there were vast investment opportunities in such projects.

Talking about coal energy, Murad Ali Shah said that the Sindh province has vast coal reserves.

“We are developing special economic zones and want German companies to establish their factories here,” he said, adding his government would extend full support to German firms if they establish their factories there.

Murad Ali Shah appreciated GPCCI President Qazi Sajid Ali for organizing the conference in Karachi. “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 pretty enough to ensure good returns.

Those who spoke on the occasion include Sindh Energy Minister Imtiaz Shaikh, German Consul General Eugene Wollfarth, Senior Ministerial Consellor from Tha Bavarian Satte Ministry of Economic Affairs, Media, Energy & Technology, Munich Ulrich Konstantin Rieger and others.

A memorandum of understanding was also signed by Adnan Hussain of ICS Group and Dr Poetis of Power Group from Germany.

The signing ceremony took place in the presence of the Chief Minister Syed Murad Ali Shah and the Minister of Sindh for Energy Imtiaz Ahmed Shaikh, Ulrich Konstantin Rieger.

Later, the chief minister presented a shield to Ulrich Konstantin Rieger.

Published in Daily Times, October 23^rd 2018.