| Karachi: Sindh Chief Minister Syed Murad Ali Shah expressed the provincial government’s readiness to welcome Chinese firms interested in investing in key development projects in Karachi, as reported by a news source on October 2.
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During a meeting on Tuesday with a delegation led by Belt & Road Group Chairman Wan Xiaowu, the CM invited companies to explore both direct investment opportunities and public-private partnerships with the government.
According to Mr Wan, over 12 leading Chinese firms have shown interest in various initiatives, including waste-to-energy, wastewater treatment, desalination, electric bus manufacturing, and converting petrol motorcycles to electric. They are also keen on rehabilitating Karachi’s sewerage system.
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The Sindh government will provide all necessary facilities to support the establishment of these projects. Both parties agreed to hold further discussions with the Sindh Planning & Development Department and the Board of Investment to finalise the details and begin the project selection process. |
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