Sharjeel Memon Highlights Rising Foreign Investment Interest in Sindh

Karachi, December 9, 2024 – Sharjeel Inam Memon, Sindh Senior Minister & Minister for Information & Transport has outlined several ambitious development plans aimed at transforming the province’s infrastructure, health, and transport sectors. Speaking to the media, Sharjeel Inam Memon emphasized the growing interest of international investors in Sindh, particularly in the Dhabeji Economic Zone, the transport sector, and the health sector. He also provided updates on the government’s ongoing initiatives designed to benefit the people of Sindh.

Foreign Investment Boosting Sindh’s Economy

Sharjeel Inam Memon confirmed that foreign investors are increasingly looking to invest in Sindh, particularly in key sectors like transport, healthcare, and agriculture. One of the most significant developments is the establishment of a $1 billion health city in Karachi, which aims to improve healthcare facilities and create jobs. Foreign delegations are also exploring investment opportunities in Sindh’s agricultural sector, signaling a positive trend for the province’s economic growth.

Major Improvements in Transportation and Infrastructure

The transport sector is a key priority for the Sindh government. Sharjeel Inam Memon outlined progress on several major projects, including the development of a bullet train connecting Karachi to Sukkur and Hyderabad, which will significantly reduce travel time and enhance connectivity. Additionally, efforts to improve the Karachi Circular Railway are underway to alleviate traffic congestion in the city.

To further improve public transport, Sharjeel Inam Memon announced plans to add 40 new stops to the People’s Bus Service within the next two months. He also introduced a new law for vehicle fitness checks at designated centers, aimed at reducing pollution and ensuring better-quality vehicles on the road.

Focus on Public Service and Economic Growth

Sharjeel Inam Memon stressed that the Pakistan Peoples Party (PPP) government remains committed to fostering economic growth and creating job opportunities in Sindh. He pointed to the success of past projects and their positive impact on the province’s economy. Currently, a foreign delegation is in Sindh to explore investment opportunities in the energy, agriculture, and healthcare sectors.

Challenges and Opposition Criticism

Sharjeel Inam Memon also addressed challenges posed by opposition parties, particularly Pakistan Tehreek-e-Insaf (PTI), which he criticized for protests and civil disobedience actions that, according to him, have delayed progress and caused financial losses. He claimed that the funds lost in these disruptions could have been used for the rehabilitation of the people.

Positive Outlook for Sindh’s Future

Despite the challenges, Sharjeel Inam Memon remains optimistic about the future of Sindh’s economy. The growing interest from international investors, coupled with ongoing efforts to attract companies like Yutong (the world’s largest transport company) to set up a plant in Karachi, is expected to create new jobs and provide better public transportation options.

In conclusion, Sharjeel Inam Memon reiterated the PPP government’s commitment to improving public services, attracting investment, and creating opportunities for Sindh’s residents. “We are focused on solving the people’s problems, not just on criticizing,” he said.

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