CM Sindh eyes USD 680m investment in tourism sector
LAHORE: Chief Minister Sindh Syed Murad Ali Shah has urged the investors to explore Sindh’s historic and compelling beauty by investing in uplifting the tourism sites across the province. CM presents Sind investment portfolio at Sindh Investment Conference which was held in sideline of World Economic Forum last week at Davos.
Sind Investment Conference was organized by Pathfinder group of Companies in collaboration with Martin Dow Group. The conference was attended by Chairman Pathfinder Group Ikram Sehgal, Special Assistant to CM Sindh on investment Syed Qasim Naveed Qamar and co-founder Pathfinder Group Zarrar Sehgal while a large number of potential investors and government officials were present on this occasion as well.
The Chief Minister Murad Ali Shah addressing the conference highlighted some major steps taken by Sindh provincial government to ease international investors. CM ensured the investors for fair policies, transparency and attractive economic returns if they decide to enter different sectors in Sindh. We are working hard to make the province investment-friendly to invite the investors playing their role to improve provincial economy by creating employment and opportunities, Chief Minister added.
During the conference, a detailed presentation was shared with the audience offering them different potential sectors for investment including Eco-friendly Tourism, Water & Environment, Trade & Development, Education & Technology, Urban ecosystem and food security. A large number of these projects like 90 percent would be completed under private public partnership while only few would be completed in traditional way. According to provincial government, an investment of approximately USD 6 billion would be utilized.
Along with other sectors, government of Sindh believes that Tourism industry may play a pivotal role in uplifting the provincial economy by creating new jobs and development. By taking the advantage of Sindh’s rich tourism profile, provincial government has decided to invite local & international investments for a variety of tourism projects including up gradation of Gorkh Hill Station site, KMC Beachfront project, Thar Tourism Project and Keenjhar Lake Project. All these tourism projects would be casting around USD 680 Million. A fast track train route is being planned to ease the commute of 400 kilometers between Karachi and Gorakh Hill, a highest tourism site in the province.
Earlier, Chairman Pathfinder Group of Companies Ikram Sehgal delivered a welcome note and introduce the Chief Minister. Chief Minister’s Special Assistant on investment Qasim Naveed Qamar briefed the participants on the efforts of Sindh government to enhance investment potential in the province. PRESS RELEASE