KARACHI: The Chinese Consul General, Yak Jianming,called on Chairman Sindh Board of Investment (SBI),Muhammad Zubair Motiwala, to offer the services with regards toproject in pipeline.
A statement issued here on Sunday said that a detail presentationwith regards to MoUs and agreementssigned during the visit of high power Pakistanidelegation which included Energy Giants M/s China Three Gorges andUnited Energy Group (Orient Group) were signed.
It said that these MoUs wererelated to establishment of Coal Power Projects in Province of Sindhby China's Three Gorges Corporation (4,000 MW from Thar Coal and 300MW at Sondha District Thatta), Development of 1,000 MW Wind PowerProjects in Province of Sindh by China Three Gorges Corporation,Development of Wind Turbine Generators (WTGs) Manufacturing facilitiesin Province of Sindh by China Three Gorges Corporation and Developmentof 150-500 MW Wind Power and other investment projects in the Provinceof Sindh by United Energy Pakistan Limited.
The statement said that it was also requested to the ChineseConsul General to look into Shovel ready projects and a list of 15projects which are completed in all manner of documentation where theimmediate investment of Chinese can come.
Availing the opportunity, Chairman SBI Muhammad Zubair Motiwalabriefed Yak Jianming about the Shovel Ready projects offered bygovernment of Sindh under Public Private Partnership mode whichinclude infrastructure development, development of recreationalresorts at Gorakh hill and Keenjhar Lake, mass transit and Solarenergy street light projects in Karachi.
Development of Special Economic Zone for Chinese Companies wasalso discussed, where Chinese firms will be allocated a dedicated zonewith their own bylaws, rules and regulations.
In the end the Consul General of China discussed theproblems faced by Chinese investors in Karachi. Zubair Motiwala assured Chinese Consul General for all possibleassistance to resolve the problems of Chinese investors working inSindh.
KARACHI: The Chinese Consul General, Yak Jianming,called on Chairman Sindh Board of Investment (SBI),Muhammad Zubair Motiwala, to offer the services with regards toproject in pipeline.
A statement issued here on Sunday said that a detail presentationwith regards to MoUs and agreementssigned during the visit of high power Pakistanidelegation which included Energy Giants M/s China Three Gorges andUnited Energy Group (Orient Group) were signed.
It said that these MoUs wererelated to establishment of Coal Power Projects in Province of Sindhby China's Three Gorges Corporation (4,000 MW from Thar Coal and 300MW at Sondha District Thatta), Development of 1,000 MW Wind PowerProjects in Province of Sindh by China Three Gorges Corporation,Development of Wind Turbine Generators (WTGs) Manufacturing facilitiesin Province of Sindh by China Three Gorges Corporation and Developmentof 150-500 MW Wind Power and other investment projects in the Provinceof Sindh by United Energy Pakistan Limited.
The statement said that it was also requested to the ChineseConsul General to look into Shovel ready projects and a list of 15projects which are completed in all manner of documentation where theimmediate investment of Chinese can come.
Availing the opportunity, Chairman SBI Muhammad Zubair Motiwalabriefed Yak Jianming about the Shovel Ready projects offered bygovernment of Sindh under Public Private Partnership mode whichinclude infrastructure development, development of recreationalresorts at Gorakh hill and Keenjhar Lake, mass transit and Solarenergy street light projects in Karachi.
Development of Special Economic Zone for Chinese Companies wasalso discussed, where Chinese firms will be allocated a dedicated zonewith their own bylaws, rules and regulations.
In the end the Consul General of China discussed theproblems faced by Chinese investors in Karachi. Zubair Motiwala assured Chinese Consul General for all possibleassistance to resolve the problems of Chinese investors working inSindh.
Source:brecorder