Chief Minister Sindh leads the Pakistani delegation at the Annual Investment Meeting in Dubai. PHOTO: PR
Promising his government’s complete support, Sindh Chief Minister Syed Qaim Ali Shah on Tuesday invited foreign investors to invest in Karachi’s proposed Bus Rapid Transit (BRT) project as well as in agriculture and excavation of mineral resources.
Shah was leading the Pakistani delegation in fourth consecutive event of Annual Investment Meeting-2014 (AIM), held at International Convention and Exhibition Centre in Dubai.
After the formal inauguration of the event by the ruler of Dubai, the Sindh CM visited the stall of Sindh at the exhibition. He along with other members of his delegation also met with Morocco’s Minister of Equipment and Transport Aziz Rabbah and discussed with him different areas of investment, particularly in the development of transport facilities in Karachi.
Shah briefed him about the Sindh government’s BRT project, which will initially start on 3 corridors, extending to 70 km and provide international quality transport services to the people of Karachi. The Morocco minister showed keen interest in the development of the BRT and assured to send a high level delegation to Sindh.
The CM also met with Namibia’s Deputy Minister Tjkero Tweya (MP) and discussed avenues of research and development in the agriculture sector. Pakistan’s delegation also had a meeting with Malaysia’s official Datuk Amar Haji Awang Tengah Ali Hasan and Indonesia’s Investment Coordinating Board chief Mahendra Siregar to discuss various areas of mutual cooperation.
This AIM event is being held from April 7 to 10. This fourth edition of AIM is aimed to evaluate vast investment opportunities in emerging markets and to offer potential high rates of return in an increasingly secure and stable environment.
Annual Investment Meeting (AIM) -2014 is a forum where more than 100 countries are in attendance to boost Investment and coordination in their areas of interest.
Published in The Express Tribune, April 9th, 2014.
COMMENTS (10)
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ
I can sense doubts prevail. And despite my reservations mr. Cm, i implore you to seriously invest time and money into the tranportation crises of this city. And hopefully not to make a quick buck at our expense.
@Ali: Both Namibia and Morocco have a higher GDP per capita than Pakistan. In other words they are richer than Pakistan.
Wah Saen wah; You meet Morocco to get investment for Karachi bus project.Is this the best your new BOI Chairman has done? And agriculture research with Nambia?,wah saen wah.
Oh Good God
LOL....THIS SUCKS..Poor and under developed countries like Namibia and Morocco are now going to help Pakistan develop...somebody take the CM to class 5 and teach some geography and histroy
Thanks God, the eldest & longest serving Chief Minister-Sindh also wakes up to worry about the plight of 15 million passengers spending 2-3 hours daily on the roads of Karachi. He is copying Shahbaz Sharif but better late than never!!
Come on, why does a nuclear-armed Pakistan need other nations to start bus services?? Making your own buses will not only increase employment opportunities but also save the nation a lot of money. But I guess, Pakistan has always been addicted to taking the easy way out.
There are no modern bus transport in a metropolitan city like Karachi & CM is talking about BRT. It'll take just a month to launch new modern buses with far less amount, & what about those new cng buses acquired few years ago which are now rotting in parking stand?! When will our politicians start caring about this country?!
Did he just woke up? Dear CM keep dreaming...Morocco is like us, poor and corrupt....
Bus projects are not implemented in any major metropolitan. Trains are the preferred mode. The Metro Bus has defaced Lahore's roads and heritage/monuments are being flattened to make way for them. We need to ensure a through assessment of the best mode of transport is completed before we jump on getting the buses. Karachi needs a circular railway, a train system.