Pakistan

Investments in Sindh: China pledges to expedite projects

The projects that need to be expedited include Karachi Circular Railway and Light Rail Brown Line

Naveed Miraj February 18, 2015

The projects that need to be expedited include Karachi Circular Railway and Light Rail Brown Line. STOCK IMAGE

ISLAMABAD:

China has pledged to expedite all development projects as proposed by the Sindh government for which agreements have already been signed with various Chinese companies.

Sindh Chief Minister Qaim Ali Shah, heading a delegation, met Chinese Foreign Minister Wang Yi, who visited Islamabad last week, and asked for support and expediting of various projects in the southern province, officials sources privy to the meeting told The Express Tribune.

Sources maintained that Wang directed Chinese Ambassador Sun Weidong to meet Sindh government officials and forward a report within one week on the projects mentioned in the meeting.

According to the Sindh government, the province had sought Chinese government’s intervention to expedite development projects for which MoUs have already been signed.

The projects that need to be expedited include Karachi Circular Railway and Light Rail Brown Line, three roads and bridges near Hyderabad, Karachi Safe City project and coal mining in Tharparkar Block-IV, which has been allocated to Harbin Engineering of China.

Published in The Express Tribune, February 18^th, 2015.

COMMENTS (3)

Woz Ahmed | 9 years ago | Reply @hasan: We can't blame China, we can only blame ourselves for shutting ourself off from the economy to our East, which has natural synergies and is 5 times our size and will be twenty times our size By 2050, despite our 3% growth ! We need to make peace and integrate, but this will hurt vested interests specially the military, protected inefficient industries and India haters. We will cope, with or without India, but we making things more difficult than we need to. Also to add before 1990 we were richer on all indices compared t India no reason why we can't turn things around .

hasan | 9 years ago | Reply Great. Now our economy will boom like wildfire. Now we will see heaps of foreign investment coming in. New building being erected. New universities and colleges. State of the art hospitals. Pakistan will become the hub of technology and exports. With all this Chinese investment, Pakistan will become the next South Korea of Asia within 10 years. Its just that China has been signing such similar projects for the last 4 decades and here we still have kids dying of hunger in Tharparkar, GDP growth of less than 3%, a severe energy shortage and a blasting fiscal deficit that has no end. Great support indeed for our communist brother China.

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