Qaim expects huge foreign investment in Sindh

Sindh CM Qaim Shah says foreign investors were going to invest in various sectors, including agriculture and energy.

KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has said that his province is expected to receive multibillion dollar foreign investments over the next three years.

Talking to journalists at the second day of Annual Investment Meeting - 2014 (AIM) at Dubai’s International Convention and Exhibition Centre, Shah said foreign investors were going to invest in various sectors, including agriculture and energy.

He said the Sindh delegation had told the participants about the attractive investment opportunities that the province offered. “We expect that our efforts will translate into foreign investments, which will not only increase Pakistan’s international trade volume but will also bring prosperity to the people of the province,” Shah added.

Delegations from a number of countries have promised largescale investments in different sectors, the chief minister said, adding that the Sindh government was taking concrete steps for further developing the province’s industrial base.

Speaking at the occasion, Sindh Minister for Irrigation Syed Murad Ali Shah said Sindh had become an attraction for foreign investors.

Sind Investment Board chief Ali Arshad Hakeem said the delegation had also looked avenues for investment by Pakistani industrialists in other countries.

Published in The Express Tribune, April 10^th, 2014.