Chinese and Pakistani diplomats, with the support of the Sindh government, signed five MoUs in Karachi, covering transport, health, energy, and agriculture sectors.
The agreements included projects such as assembling electric cars locally, manufacturing solar panels, producing slow-release fertilizers, algae farming, and establishing a medical city within the Dhabeji Special Economic Zone.
Sindh Energy Minister Nasir Hussain Shah hosted the signing ceremony, attended by Senior Minister Sharjeel Inam Memon and CM’s Special Assistant Syed Qasim Naveed Qamar.
Qasim Naveed Qamar accompanied the delegation to the Dhabeji Special Economic Zone, where investors expressed strong interest in setting up industries, noting that Dhabeji is uniquely linked to the China-Pakistan Economic Corridor (CPEC).
Sharjeel Memon highlighted the interest in developing a state-of-the-art medical city and assured the investors of full government support. He also mentioned the plan to launch electric vehicle taxis to create job opportunities and reduce environmental emissions while offering affordable transport.
Memon praised Qasim Naveed Qamar’s performance and noted that the medical city alone could generate 50,000 jobs, serving as a hub for exporting pharmaceutical and surgical goods. He also pointed out that industries in Dhabeji Economic Zone benefit from a 10-year tax exemption, which is a major incentive for investors.
Qasim Qamar discussed Pakistan’s export of granite, explaining that locally mined Thar granite is processed abroad and then sold back to the domestic market. He highlighted that this granite was used in constructing Karachi’s FTC building after being re-imported.
Nasir Hussain Shah emphasized the importance of fertilizer production and announced plans for a coal gasification plant on 200 acres of land to boost energy production. Solar parks are also being developed, which, along with coal-based electricity, will help address the country’s energy deficit.
Shah explained that electricity from solar parks would be sold at Rs18 per unit, with rates set by SEPRA and STDC. He also criticized the lack of Sindh representation on K-Electric’s board, despite the presence of three federal representatives.
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