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A Korean delegation has shown interest in setting up power plant in Hub Industrial Area. In its visit to Lasbela Chamber of Commerce & Industry (LCCI) here on Saturday, President LCCI, Ismail Suttar has informed that a delegation of M/s. ES Group, Korea visited the Lasbela held a meeting with him and Managing Director, Lasbela Industrial Estate Development Authority (LIEDA) Sohail Mirza.
While presenting the background of HITE Phase I and Phase II invited the ES Group, Korea to set up the 49 MW Power Plant at Hub and participate in the construction of Hub By-Pass to cater to the requirement of future industrial expansion at Hub. He also invited them to develop the infrastructure facilities at HITE Phase II and at Steel City, Gaddani, where huge industrial investment is expected to come in the context of CPEC.
Wun Chan Lee of ES Group, Korea was very much interested to make investment to all these projects preferably starting from setting up of power plant. Managing Director, LIEDA Sohail Mirza offered the allotment of a plot of required area of power plant and to work with Korean investor on joint venture basis. Ismail suttar hoped that with the progress of CPEC and the completion of these projects' huge investment is expected to come at Hub which of course will help the improve the living standard of the people of this region.

Copyright Business Recorder, 2016

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