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A Chinese business delegation has expressed ‘deep interest’ in establishing a $1 billion medical city in the Dhabeji Special Economic Zone (SEZ) located in Thatta, Sindh.

The development came during a visit by a high-powered delegation of 12 major Chinese companies, accompanied by Special Assistant to the Chief Minister of Sindh on Investment and Public-Private Partnership Syed Qasim Naveed Qamar, at various sites of the Dhabeji SEZ on Wednesday.

As per a statement issued by Sindh’s Investment Department, the Chinese business delegation expressed interest in investing across multiple sectors including cargo, electronic vehicles, fertilizers, pharmaceuticals, food and beverages, solar and wind energy, livestock, agriculture and others.

Bilawal lays foundation of Dhabeji SEZ project

“The Chinese delegation expressed deep interest in establishing a medical city worth one billion dollars in the Dhabeji Special Economic Zone,” read the statement.

Moreover, the delegation also expressed keen interest in setting up factories for manufacturing solar plates, solar inverters and solar batteries along with a factory to make fertilizers that would utilise coal instead of gas, in collaboration with local partners.

During the meeting, Qamar highlighted that the Dhabeji Special Economic Zone is a priority project of China Pakistan Economic Corridor (CPEC). “This project is a prominent symbol of the lasting and proud friendship between China and Pakistan,” he said.

Qamar told the Chinese delegation that land has been allocated for all kinds of industrial, commercial and residential facilities in the Dhabeji Special Economic Zone.

He added there are attractive and vast investment opportunities in Sindh.

DSEZ project at Thatta designed within CPEC framework

Qamar emphasised the strategic advantages of the Dhabeji Zone, noting its prime location with respect to port, road and railway network, hence the zone will prove to be the most important economic zone in the province in terms of industrial development, technology transfer and job creation.

Secretary Investment Sindh Raja Khurram Shahzad, Chief Executive Officer (CEO) Sindh Economic Zone Management Company Abdul Azim Aqili, CEO Global Ventures Idrees Jiji and senior officials of the Sindh Investment Department were also present on this occasion.

Comments

Comments are closed for this article.

Mir Adnan Yakub Dec 11, 2024 06:28pm
We only sign MOUs only, practically ZERO. We are a failed nation, could not develop CPEC so far. We can't protect lives of their labours, engineers etc. Still they are interested to work with us.
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Az_Iz Dec 11, 2024 06:31pm
This news would be believable if it came from the investors. The governments of,IK,SS and others are know to make all sorts of claims on investments, MOUs with GCC and other countries.Nothing new.
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Re=== Dec 11, 2024 07:09pm
Stop. Just Stop talking. All this news only comes from Pakistan. Nothing from China.
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PERVEZ AHSANI Dec 12, 2024 12:26am
Hope the news gets successfully implemented & functional before the neo-CPEC [China Punjab Economic Corridor] takes shape under the initiative of Punjab's chief Minister currently visiting China.
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Nab Dec 12, 2024 12:48pm
@Re===, Chinese ko kano kan Khabar bhi nahi
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Dr Billa Dec 12, 2024 08:00pm
@PERVEZ AHSANI, power of Punjab .jealous person you have zero value.our Sindh develop under CPEC.
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