Foreign audience: Sindh conducive to investment: CM

The wind corridor has the potential to generate 50,000MW


Our Correspondent April 25, 2016

KARACHI:


Top multinational companies are keen to invest in Sindh as the provincial government provides all necessary facilities and protection to local and foreign investors.


This was stated by Chief Minister (CM) Qaim Ali Shah while talking to a delegation of China Shandong International firm, led by its chairman Sun Liang, at CM House on Monday.


Terming Karachi the financial capital of Pakistan, the CM said “Sindh is a regional power house of the future as it has vast coal fields in Thar, which can produce 100,000 megawatts (MW) of electricity for at least 300 years.” The wind corridor has the potential to generate 50,000MW, he added.


Moreover, Shah said the province produces 56% oil and 78% gas of the country, adding that it has a vast agricultural base with 5.45 million hectares of cultivable land and 350-kilometre-long coastline with tremendous opportunities in tourism and fisheries sectors.

Published in The Express Tribune, April 26th, 2016.

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