KARACHI: Sindh Chief Minister Qaim Ali Shah has said that his government has created conducive atmosphere for investment in province and providing all necessary facilities to the national as well as foreign investors. Leading multinational companies are keenly interested to invest in different sectors in Sindh, said the chief minister while talking to a delegation of China Shandong International firm led by its chairman Sun Liang here at the Chief Minister’s House on Monday. The other members of the delegation included Cheng Yan, Zhang Yangjun, Wang Sinjun, Wang Xu and Sun Lei. The chief minister was assisted by provincial ministers Murad Ali Shah, Jam Khan Shoro, Chief Secretary Siddique Memon, Principal Secretary Alamuddin Bullo and others. “The province of Sindh is regional power house of the future in the sense that it has vast coal fields in Thar which can produce 100,000MW for at least 300 years,” he said, and added that the wind corridor has the potential of generating 50,000MW. He said Sindh produces 56 percent oil and 78 percent gas of the country. Briefing the delegation, the chief minister said that Sindh has vast agricultural base with 5.45 million hectares of cultivable land and 350 kilometers long coastline base with tremendous opportunities of tourism and fisheries sector. Senior Minister for Finance and Development Syed Murad Ali Shah said the Sindh government has made necessary legislation to facilitate the investors. “We have Sindh Public Procurement Act which governs all public procurements, including public-private partnership projects and it has been developed along World Bank guidelines. He said that Sindh has first Public -Private Partnership Act, 2010, enacted under the guidelines of Asian Development Bank (ADB) created PPP Policy Board under Sindh PPP Act, 2010. Additional Chief Secretary Mohammad Waseem said that the projects executed under PPP mode include Hyderabad-Mirpurkhas Dual-Carriageway project, Jhirk-Mulla Katiar Bridge project and NICH Security and Fire Safety contract, Sindh Nooriabad Gas power project, Karachi Thatta Dual-Carriageway project, Education Management Orgs project and health projects. The Hyderabad-Mirpurkhas dual-carriageway project is a toll-based model, which has 27 years concession life and had two years for construction period. It is a 4-lane 67 km road launched for Rs 6.2 billion by a Korean company. This project has 40 percent commercial debt, 30 percent soft loan and 30 percent equity. “Construction on this project completed in 2012 and it is operating successfully as a self-sustainable model,” he said, adding that Rs 4.5 billion worth Jhirk Mulla Katiar Bridge is Rs 4.5 billion project has an annuity-based model with 27 years concession life and two years construction period. It is likely to be completed by mid of 2016. Syed Murad Shah talking about up-coming projects said that Ghotki-Kandhkot project, Hyderabad Badin Road project, Tando Mohammad Khan-Badin Road are in the pipeline. Giving presentation on Mass Transit Plan, Transport Secretary Taha Farooqui said that Brown Line is a good project with route length of 18.5 kilometer from Nagan Chowrangi to Inger Chowrangi with 18 stations on the route. Around 736,000 commuters will use the road per day and the system capacity would be around 45,000 persons per hour per day. The Chinese investors showed their interest in transport projects and took details of the project on which there was no encroachment and no issue of land acquisition.