Chinese business delegation seeks investment opportunities in Sindh

City News Dec, 9 2024
Chinese business delegation seeks investment opportunities in Sindh
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KARACHI: A 15-member Chinese business delegation, led by prominent industry figures, met with Sindh Chief Minister Syed Murad Ali Shah to explore potential investment opportunities in various sectors across the province.

The delegation’s visit focused on exploring collaborations in agriculture, renewable energy, livestock, and industrial production, with discussions centered on mutual economic growth and development.

The meeting, held at the CM House, was attended by several provincial ministers, including Sharjeel Memon and Nasir Shah, alongside key officials such as Syed Qasim Naveed, Rahim Shaikh (Secretary to the Chief Minister), and Khurram Shahzad (Secretary of Investment). Representatives from various industries were present, including medical technology, biochar agriculture, livestock, photovoltaic energy, and manufacturing.

The delegation featured notable members such as Meng Xiaowei from medical technology, Dr. M. Shahbaz from Agricultural Biochar Cooperation, and livestock expert Hong Pizheng. Additionally, companies focused on solar energy and agricultural innovation were also represented.

During the discussions, Chief Minister Shah highlighted Sindh’s strategic geographical location, well-established infrastructure, and investor-friendly policies aimed at attracting foreign investments. He outlined the province’s readiness for investment in agriculture, renewable energy, and industrial sectors, which offer vast potential for Chinese businesses.

The Chinese delegation expressed interest in forming partnerships, particularly in medical technology and pharmaceuticals, as well as in livestock farming, biochar for sustainable farming practices, and renewable energy projects, including solar and wind power initiatives.

The meeting concluded with an agreement to form joint working groups to explore specific projects further. Chief Minister Shah assured the delegation of full support from the Sindh government, emphasizing the importance of strengthening bilateral trade and investment ties.

The session ended on a positive note, with both sides optimistic about the potential for future collaborations that could drive economic prosperity in the region.

Published in The Daily National Courier, December, 09 2024

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Staff Reporter
Staff Reporter https://www.dailynationalcourier.com/author/staff-reporter
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

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