Germans Invited to Invest in SEZ

Karachi: Sindh chief Minister Syed Murad ali Shah inaugrated German Investors Conference on “Made in Pakistan with German Engineering,” organized by German-Pakistan Chamber of Commerce & Industry (GPCCI). He assured the investors that the government will establish a one-window facility for investors at Public-Private Partnership Unit. Pakistan has the potential to provide a wide range of investment opportunities in different sectors such as renewable energy and fossil fuel, infrastructures, agriculture – corporate farming, textile, city design, heavy engineering, public transport, pharmaceutical and various other sectors.

Sindh also has a vast wind corridor at Jhimpir and Gharo near Karachi. The corridor has a potential of producing 50,000 MW wind energy but at the moment we are producing only 1035 MW from 20 projects. The projects which are under installation process would produce another 200 MW.

Sindh Governent is also working on solar energy for which the entire Sindh is available where solar panels could be installed for power generation. Smart, Mini and micro grids can be established in rural areas. Currently a 50 MW solar power project is being installed with model grid connectivity at Manjhand, District Sehwan. Government is developing special economic zones to help Germany and other countries to invest in Pakistan. The CM assured the delegation that the government would extend full support to German firms in establishing their factories here