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Karachi being on Arabian Sea with seaport facility is most favourite city for foreign investment: Chief Minister Sindh

Karachi, May 20, 2014 (PPI-OT): The Chief Minister Sindh Syed Qaim Ali Shah has said that strategically, Karachi having been on Arabian Sea with seaport facility is most favourite city for foreign investment specially for the countries of the European Union. He said that potential of Govt incentives, cheap labour and vast raw material for Agro oriented and energy production was available.

This he said while holding meeting with Mr. Rauli Suikkanen Ambassador of Finland in Pakistan who called on him at CM House Karachi today. The Chief Minister Sindh invited the Finland not only to invest here in the areas of its interest but also to convince the other countries of European Union’s for this purpose.

He said that Sindh was rich in the Agriculture, production such as cotton, rice other food grains, fruits and vegetables besides this province is blessed with the coal reserves wind corridor for the energy production.

CM Sindh said that Sindh Govt has established special Economic Zones for the foreign investment in the Karachi. Besides, Education City has also been established where many reputable International organization either are establishing their campus or making joint venture with public and private organizations.

He said that Sindh Govt has established Investment Board only to facilitate the investors. The Chief Minister Sindh invited the Finland Ambassador to Pakistan Mr. Rauli Suikkanen to invest here in education city, other manufacturing and energy projects.

While talking to CM Sindh Finland Ambassador to Pakistan Mr. Rauli Suikkanen said that he purely has came here to promote trade and business with Sindh. He said that we are aware that Karachi has importance in this regard.

The Ambassador took interest in the telecom sector, weather forecast, manufacturing of equipments of different fields and medicines. He desired for having joint working group of both side to boost up the trade and commerce relations.

For more information, contact:
Mr. Allah Bachayo Memon
Press Secretary
Chief Minister House
Tel: +9221 99202019
Cell: +92300-3524057 (Ext: 336)

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