Pakistan Peoples Party Official

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ESTABLISHMENT OF CHINA SPECIAL ECONOMIC ZONE AND “IT CITY” IN SINDH PLANNED. THREE (03) MoUs WITH CHINESE FIRMS SIGNED

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KARACHI Dec, 18: Three (03) Memorandum of Understanding (MoU) were signed between Sindh Board of Investment, Government of Sindh and Chinese Investor Organizations in a simple ceremony held at Chief Minister House, Karachi today. The Chief Minister Sindh Syed Qaim Ali Shah, Consul General of China Ma Yaou , ACS (P&D) Sindh Aijaz Ali Khan, Principal Secretary to C.M Sindh Alumuddin Bullo, Secretary I.T Sindh, Secretary, Industries Sindh, Chairman Sindh Board of Investment Sindh Asif A Brohi, Director General Sindh Board of Investment Dr. Wang Li, and others Chinese delegates attended and witnessed the Ceremony. Under the 1st MoU signed between Sindh Board of Investment, Government of Sindh with Deheng Law Office / China International Chamber of Commerce for Private Sector, the Sindh Government has to provide 2000 Acres of Land at Dehabeji, Thatta in phases to establish “China Special Economic Zone” . During 1st phase 250 Acres of Land will be made available, wherein Chinese Companies to establish various industries in different clusters as per Master Planning for Domestic Market and Export the product to other Regional Market. However Sindh Govt will remain owner of this allotted land as revealed in MoU. The 2nd MoU was signed between Sindh Board of Investment (SBI) and Chinese Academy of Special Science Research and Development International. This MoU was aimed to formulate Industrial clusters and Standard Technology connection services along with China-Pakistan Economic Corridor / Rout in the Sindh Province. This will be related to standard technical exchange and skill development by the Chinese Companies. The 3rd MoU was signed between Sindh Board of Investment (SBI) and Software and Integrated Circuie Promotion Centre, China was aimed to establish Information Technology (I.T) City in Sindh province near Nooriabad with most advanced Research based Technology and equipment in the world. The Director General Sindh Board of Investment, Mr. Iftikhar Shallwani and Dr. Wangli, Director Law Office, Vice Chairman of China International Chamber of Commerce Private Sector, Dr. Zhao Baige, Chairman of Advisory Committee of China Academy of Social Science Research and Development International and Mr. Zhu Xiaogin, Senior Consultant of Software and Integrated Circuit Promotion Centre called as (CSIP)-PRC signed the MoU on behalf of their organizations. The Sindh Government has to provide required land and extend necessary facilities for implementation on the MoU. The Chinese firm has to identify the potential and carry out detail plan regarding formation of industrial clusters, Technical Exchange and Skill Development to establish industries and I.T City. These MoU will bring billion of rupees investment in addition to job opportunities and economic prosperity said Chief Minister Sindh Syed Qaim Ali Shah while talking during the ceremony. He said that Sindh Govt have other investment options including PPP mode investment and other untapped resources to exploit. He said China-Pakistan are time tested friends since long and we want to get more investment from China. He said that the establishment IT City will be proved as instrumental source to the organization of public sector and it will yield much better result. The Senator Saleem Mandiwala while addressing the ceremony said that Pak-China have deep relations. He said that establishment of China-Pak Economic Corridor and development of Guwadar Sea Port with Chinese contribution / input, were the examples of Pak-China in this regard. Dr. Wang Li Director Deheng law officer said that we are planning to transfer new technology to Pakistan. She said that we to develop IT city and encourage young people to work and get skill in this sector. She said that though today expertise of different fields were with me( her) here but she want to bring more Chinese companies here in Sindh as Sindh has good potential of investment, especially in the Agriculture Sector. The Director General Sindh Board of Investment Iftikhar Shalwani in his brief speech highlighted on all three MoUs and its importance.

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