A delegation from the Chinese firm ‘China Power’ expressed keen interest in setting up an industrial plant in Sindh for the production of electric vehicles. The meeting between the company representatives and Sindh Minister for Information and Transport, Sharjeel Memon, took place in Karachi on Wednesday.
Minister Memon warmly welcomed the company’s interest and assured them of the provincial government’s full support in facilitating investors and industrialists in the region. This move highlights the government’s commitment to promoting investment and boosting the manufacturing sector in Sindh.
This is not the first time a Chinese company has shown interest in establishing a manufacturing plant in Karachi. Last year, another Chinese company agreed to establish Pakistan’s first intra-city bus manufacturing company in the city. This initiative aimed to make buses more affordable and accessible to the public.
The announcement was made by Minister Memon following his meeting with the country manager of the bus company. The manufacturing plant, to be established on an 18-acre land, is expected to be operational within the next 20 months, with an annual production capacity of 500 buses.
Minister Memon emphasised that the establishment of a public transport manufacturing plant remains a top priority for the provincial government, and efforts are being made to expedite the project. He further mentioned via his Twitter account that he had a detailed meeting with a leading Chinese bus manufacturing company, and they have agreed to initiate Pakistan’s first intra-city bus manufacturing plant in Karachi.
The interest shown by ‘China Power’ and the previous commitment from the Chinese bus manufacturing company indicate growing confidence in the investment potential and business environment of Sindh. These ventures can not only enhance the local manufacturing sector but also contribute to the development of sustainable transportation options in Pakistan.
Overall, the collaboration between Chinese companies and the provincial government of Sindh demonstrates a significant step towards fostering industrial growth and expanding the electric vehicle and public transportation sectors in the region.