EconomyQuick read

Sindh woos Chinese investors

Dawn • • 1 min read

Sindh woos Chinese investors

According to Dawn, Chief Minister Syed Murad Ali Shah pitched Sindh to Chinese investors at the second Sindh Investment Conference in Shanghai, following a 12-year gap. He cited the province's location, its sea and air links, affordable labour and a skilled workforce as reasons to invest. The Dhabeji Special Economic Zone was presented as a key option for manufacturing and export-focused firms seeking a low-cost base.

Roughly 400 delegates took part in the one-day gathering, among them investors, corporate leaders, and people representing Chinese firms and financial bodies. Sector briefings and networking formed part of the agenda, and 34 MoUs were inked between government bodies and between companies. Mr Shah said the agreements were backed by groundwork and would be turned into projects, and he listed Thar coal, EV manufacturing and charging stations, wind and solar energy, modern agriculture and digital transformation as priority areas.

Planned industrial clusters at Dhabeji would cover textiles and garments, construction materials, warehousing, steel, consumer electronics, chemicals, pharmaceuticals, light engineering and automotive parts. He said Chinese manufacturers could produce in Sindh and ship finished items out via Karachi Port and Port Qasim. He also stressed the 350-kilometre shoreline and its closeness to markets in Africa, the Middle East and Central Asia.

At a glance

  • Chief Minister Syed Murad Ali Shah promoted Sindh to Chinese investors at Shanghai's Sindh Investment Conference.
  • The event drew around 400 delegates and produced 34 MoUs covering government and business cooperation.
  • Proposed Dhabeji industrial clusters span automotive, engineering, chemicals, pharmaceuticals and textiles.

Originally reported by Dawn

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings