Incoming: Japan group considering investing $40m in Karachi

Plan to invest $40million in in information technology and wind energy projects.


Our Correspondent February 04, 2012

KARACHI:


An investor group of Japan is considering investing more than $40 million in information technology and wind energy in Karachi and the proposal comes right after completion of a $10 million investment by the group in an IT park in the city.


A delegation of DTS Japan Group floated the proposal of fresh investment in a meeting with Sindh Commerce and Industries Minister Rauf Siddiqui at the minister’s office here. The delegation, headed by Group Chairman Dr Taka Hashi, expressed interest in investing further in Karachi in different projects, especially wind energy and information technology.

It is also planning to tap the automobile sector by introducing new Japan-made three-wheeler electric and solar cars at cheap rates.

Published in The Express Tribune, February 5th, 2012.

 

COMMENTS (1)

pragmatic | 12 years ago | Reply

can u plz publish this news only after the investment is made

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