Japan interested in setting up automobile industry in Karachi
Karachi: Sindh Chief Minister Syed Murad Ali Shah and Japanese Ambassador in Pakistan Mr. Kuninori Matsuda have agreed to work together for the development of fisheries, automobile sectors and IT-based youth exchange programs from next year.
This decision was taken in the meeting held between the two here at the CM House on Monday.
They agreed to chalk out a detailed program for the exchange of skilled youth packages under which the IT students of different universities of the province would acquire necessary training in Japan. “This program would generate highly skilled youth for development of the IT industry in both the countries,” Shah said.
The chief minister said that there were a lot of investment opportunities for Japanese investors in Sindh. “The provincial government encourages investment in the province directly or on the Public Private Partnership mode,” he said.
The envoy of Japan said that they have selected automobile, fisheries and youth exchange programs in IT sectors.
The chief minister said that his government was working to develop the fisheries sector on international standards. “We have best jetties and large fishermen settlements,” he said and added it would be a great opportunity if Japanese investors come over to invest in the sector and use the latest technologies to further flourishing the fisheries sector. “If Japanese investors want to invest on their own the government would not only welcome them but extend them complete support and if they intend the provincial government should become their partner, we would do it on PPP mode,” he said.
The Japanese envoy also showed his interest in establishment of Japanese automobile industry in Karachi or at a nearby area. The chief minister said that his government would welcome the investment. “Japanese automobile industry would have a vast market in the region if it is established here,” Murad Ali shah said and added we have sea routes to export the automobiles to the nearby countries apart from meeting the national requirement.
The chief minister directed his Principal Secretary to develop coordination between the Japanese Embassy in Islamabad and the provincial Investment department to start official negotiations to materialize the projects.
Ambassador of Saudi Arabia Mr. Nawaf Saeed AlMalky also called on Sindh Chief Minister Syed Murad Ali Shah here at CM House and discussed the matters of mutual interest.
Separately, Italian Ambassador in Pakistan, Mr. Andreas Ferrarese called on Sindh Chief Minister Syed Murad Ali Shah and discussed investment in tourism and road sectors.
The chief minister said that an Italian firm has constructed Super-Highway from Karachi to Jamshoro- that was a state-of-art-road built around 1965. He urged the ambassador to invite his country’s investors on behalf of his government to visit him and discuss the road and bridge sector projects.
The chief minister presented his memento, Sindhi ajrak and caps to the visiting guests. (PR)