German businessmen evince interest in energy sector's JVs

24 Oct, 2018

German businessmen from Bavaria region have shown interest in joint ventures with Pakistani counterparts, especially in energy sector and skill development trainings in Sindh. These views were expressed by a 36-member German business delegation headed by Ulrich Konstantin Rieger from Bavarian Ministry of Economic Affairs, Energy and Technology during a meeting with Minister Energy Sindh Imtiaz Ahmed Sheikh.
The delegation met representatives of local business forums like Karachi chambers of commerce and industries, Association of Builders and Developers ABAD, and other industrialists and companies' heads. Consul General of Germany in Pakistan Dr Pantelis Christian Poetis, Director General Sindh Board of Investment SBI, Imran Ata Soomro, Chief Executive Officer of Sindh Special economic zones Management Abdul Azeem Uqaily, CEO of Sindh Enterprize development fund SEDF Mehboob-ul-Haq, Director Administration SBI Abrar Sheikh and other senior officers of various departments were also present in the meeting.
Abdul Azeem Uqaily briefed the German delegation about investment opportunities in Sindh province. He also informed about investment policies and incentives being given to the investors by the Sindh government.
Later, the German delegation showed keen interest in investment in terms of joint ventures and business partnerships with Pakistani investors in Sindh. Minister Energy Sindh Imtiaz Ahmed Sheikh said that they should certainly get success in making some important business partnerships with German counterparts and assured his full cooperation in this regard.

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