KARACHI: The government in Pakistan’s southern Sindh province has invited Chinese businessmen to invest in electric-vehicle and waste-to-energy projects in the province, the Sindh chief minister’s office said on Tuesday.
The statement came after Sindh Chief Minister Murad Ali Shah’s meeting with a delegation of Chinese investors, led by Belt & Road (B&R) Group Chairman Wan Xiaowu, according to the Sindh chief minister’s office.
The Chinese delegation expressed interest in investing in waste-to-energy, wastewater treatment, desalination water plants, manufacturing of e-buses, and kits to convert patrol motorcycles on electricity.
“Government would provide all necessary facilities to the Chinese firms to set up their plants,” CM Shah was quoted as saying by his office.
He said the Sindh government would welcome Chinese public and private firms to invest directly in the projects of their choice or strike a public-private partnership with the provincial administration.
Both sides agreed to have another sitting with the provincial planning department and the investment board to select the projects so that work could be initiated, Shah’s office said.
In May this year, Prime Minister Shehbaz Sharif asked Pakistani officials to carve out a “comprehensive plan” for business-to-business (B2B) engagements with Chinese firms.
Chinese investment and financial support have been key for the South Asian nation’s struggling economy in recent years, including the rolling over of loans so that Islamabad is able to meet external financing needs.
Since 2013, Beijing has also invested tens of billions of dollars in energy and infrastructure projects in Pakistan as part of the China-Pakistan Economic Corridor (CPEC), a major segment of China’s Belt and Road infrastructure initiative.
The corridor will connect China to the Arabian Sea and help Pakistan expand and modernize its economy through a network of roads, railways, pipelines and ports built in the country with Chinese loans. A flagship of the Chinese corridor is a deep-sea port at Gwadar in Balochistan.
Pakistan’s Sindh invites Chinese businessmen to invest in e-vehicles, waste-to-energy projects
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Pakistan’s Sindh invites Chinese businessmen to invest in e-vehicles, waste-to-energy projects
- Chinese investment and financial support have been key for the South Asian country’s struggling economy in recent years
- Since 2013, Beijing has also invested billions of dollars in projects in Pakistan as part of China-Pakistan Economic Corridor
Pakistan showcases smart solutions, tech innovation at ITCN Asia expo in Lahore
- ITCN Asia is Pakistan’s largest information and communications technology exhibition and conference
- It highlights developments in cybersecurity, cloud computing, AI, e-commerce and digital governance
ISLAMABAD: Pakistan is showcasing its growing technology sector at the 27th edition of ITCN Asia at the Expo Center in Lahore, bringing together innovators, startups, investors and policymakers for one of the country’s premier technology exhibitions, Pakistani state media reported on Saturday.
ITCN Asia is Pakistan’s largest information and communications technology exhibition and conference, which is regularly held to highlight developments in fields including cybersecurity, cloud computing, artificial intelligence, e-commerce and digital governance.
The three-day event, which began on Saturday, focuses on networking, knowledge-sharing and lead generation, with conferences facilitating a learning environment for tech enthusiasts and professionals.
Speaking at the inauguration ceremony, Information Technology Minister Shaza Fatima Khawaja called ITCN Asia a “distinguished” global event showcasing tech advancement in Pakistan, the Radio Pakistan broadcaster reported.
“Pakistan’s use of cybersecurity has put the country on the forefront of technological advancement and strengthened global trust in our technology sector,” she was quoted as saying.
The exhibition features more than 850 booths, over 3,000 global brands, international delegates, investors and government leaders, according to the organizers.
Pakistan’s Special Technology Zones Authority (STZA) is showcasing electric vehicle and electronics assembly by global brands, including BYD, Samsung and Google at the exhibition.
The STZA has set up a national pavilion at the exhibition with facilitation from the Special Investment Facilitation Council (SIFC), according to a statement issued by the cabinet division.
The move is part of Pakistan’s efforts to boost foreign investment in its technology sector as the country’s startups and software houses have attracted global interest in recent years. Pakistan’s IT exports rose by $180 million to $1,057 million during
July-September last year, compared with $877 million in the same period of 2024, according to the information technology ministry.
Pakistan’s technology sector is also advancing in AI and cloud computing, marked by the launch of Pakistan’s first sovereign AI cloud in November, designed to keep sensitive data domestic and support growth in the broader digital ecosystem.
