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Sindh signs 6 MoUs for province’s uplift at Dubai investment summit

MM News Staff by MM News Staff
December 14, 2021

DUBAI: The Sindh government signed six memoranda of understanding (MoU) with various investors for multiple projects in different fields and areas at the Sindh Investment Conference in Dubai on Tuesday.

According to a statement on the PPP’s Twitter, the projects include initiatives for energy, water, sports and electricity generation from waste.

 

دبئی: سندھ انوسٹمنٹ کانفرنس میں کچرے سے توانائی کے منصوبوں، پانی اور کھیل کے منصوبوں سمیت سرمایہ کاری کے حوالے سے ایم او یو پر دستخط کئے گئے

— PPP (@MediaCellPPP) December 14, 2021

PPP Chairperson Bilawal Bhutto-Zardari and other PPP leaders, including Sindh Chief Minister Murad Ali Shah, also attended the ceremony and the agreements were signed in the presence of the United Arab Emirates’ (UAE) minister for tolerance and coexistence, Sheikh Nahyan bin Mubarak Al Nahyan.

Sharing details about the MoUs, he told participants of the conference that one of the agreements was for setting up a desalination plant in Karachi.

“All of you must be aware that Karachi is facing huge water shortages and this is just the start in what we are hoping will be a lot more engagement with the private sector to work with us, to invest with us and to partner with the Sindh government to ensure that we can provide water to the people of the province, and the people in our [provincial] capital,” Bilawal added.

He said another MoU was signed for a waste-to-energy project, as garbage remained a big issue in Pakistan, especially in Karachi.

“The MoU signed today for the waste-to-energy [project] will go a long way in our quest for a greener Sindh and greener Pakistan and will add to our diverse energy mix,” he said.

The PPP chairperson said an agreement was also signed for funding small start-ups and small-and-medium enterprises.

“But they get stuck in all the red tape … and all the layers of the government through which they have to interact [for making an investment],” Bilawal said, adding that an agreement had also been signed to ensure one-window operations for the Pakistani community in the UAE, who wished to invest in their home country.

He announced that a football academy would be built in Karachi under one of the agreements inked on the day.

Bilawal said the final MoU was signed for e-governance, “furthering the government of Sindh’s commitment to paperless governance”.

Tags: Sindh
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