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A delegation of Sino-Hydro and Power China company called on Sindh Chief Minister Syed Qaim Ali Shah on Tuesday and showed interest in installing a coal-based power plant, a cement factory, a water project and a red line transport project worth over $4 billion. The Chinese delegation was led by Zhang Ping and Jiang Ning'an. The Sindh government was represented by the Chief Minister, Senator Saleem Mandviwala, Principal Secretary to CM Alamuddin Bullo, Secretary Transport Taha Farooqui and other concerned officers.
The Chief Minister was informed that the company had constructed the K-3 water project in Karachi and was again interested in constructing the K-4 water project. They said that the company had already applied for installation a coal-fired power project of 600MW at Port Qasim. "We have almost completed all the formalities and awaiting an NOC from the government to start work on the project," they said. They also said that the project of cement factory was also at in the final stages of implementation.
The Chief Minister directed Senior Member Board of Revenue Mohammad Waseem to hold a meeting with the Chinese investors, as their application for the land acquisition was already in process. "The investors must be facilitated on priority basis," he said. The Chinese investors said that they wanted to establish a cement factory at Super Highway.
The Chief Minister directed his principal secretary to personally co-ordinate with the Board of Investment, transport and water board so that the proposed investment of around $4 billion could be brought in smoothly. "I want to give them a one-window facility in terms of filing papers and getting NOCs," he said.

Copyright Business Recorder, 2016

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