Chinese firms keen to invest in Sindh
KARACHI : Chinese delegation of Sino-Hydro and Power China Company called on Chief Minister Sindh Syed Qaim Ali Shah and showed their interest to install a coal-based power plant, cement factory, water project for Karachi and red line transport project worth over $4 billion.
The Chinese delegation comprised Zhang Ping, Jiang Ning’an and others. Besides Sindh CM, Senator Saleem Mandviwala, Principal Secretary to CM Alamuddin Bullo, Secretary Transport Taha farooqui and other officers concerned were present on the occasion.
The representatives of the Chinese company while briefing the Chief Minister Sindh said their company haa constructed K-3 water project for Karachi and again their company is interested to construct K-4 water project for the city.
They said that they has already applied for installation a coal-fired power project of 600 MW at Port Qasim. “We have almost completed all the formalities only the government has to issue them NOC to start the project.” they said.
The Chinese investors said that they wanted to establish cement factory at the Super Highway. The project of cement factory is at the final stage and they would start the project if the Sindh government issues them NOC, they added.
The chief minister directed the Board of Revenue member Mohammad Waseem to hold a meeting with the Chinese investors as their application for land acquisition was already in process. The investors must be facilitated on priority basis, he added.
The chief minister also directed his principal secretary Alamuddin Bullo to personally coordinate with Board of Investment, transport and water board so that the proposed investment of around $4 billion could be brought in smoothly. “I want to give them one-window facility in terms of filing papers and getting NOCs,” he said.