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Sharjeel seeks foreign investments for bullet train, transport reforms

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Senior Minister, Sharjeel Inam Memon, has extended an invitation to international investors to explore opportunities in the province’s burgeoning transport sector. A delegation of international investors met with Memon in Karachi to discuss various transport projects aimed at modernizing the region’s infrastructure.

The meeting, which also included key officials such as Special Assistant to the Chief Minister on Public-Private Partnership Qasim Naveed Qamar, Secretary of Transport Asad Zamin, and Managing Director of the Sindh Mass Transit Authority Kamal Hakim Dayo, focused on projects including the Karachi Circular Railway (KCR), Bullet Train, Electric Vehicle (EV) buses, and the establishment of a bus manufacturing plant. Memon highlighted several flagship projects, including the development of the KCR, a cornerstone of the China-Pakistan Economic Corridor (CPEC), and the Bullet Train connecting Karachi to Sukkur.

The Senior Minister emphasized that these initiatives would benefit millions of commuters and create substantial investment opportunities. “The Bullet Train and sustainable EV infrastructure are crucial for modernizing our transport system. These projects not only serve public interests but also present significant financial benefits for investors,” Memon stated. A major highlight of the discussions was the proposal for an Electric Vehicle (EV) Taxi Service, which Memon described as a potential source of fresh employment opportunities.

He assured investors that the Sindh government would provide full support, including establishing charging depots for EV buses and taxis, further incentivizing investment in the sustainable transport sector. Memon also urged investors to consider setting up a bus manufacturing plant at the Dhabeji Economic Zone, located within the CPEC framework. He emphasized that the Sindh government would offer all necessary facilities to make the project successful.

“This economic zone, strategically located, offers a conducive environment for businesses, especially in the transport sector,” Memon said. The investor delegation highlighted Pakistan’s strategic position as a gateway between South Asia and Central Asia, offering vast market potential and a large workforce. They also noted the historical and exemplary friendship between Pakistan and China, particularly in terms of infrastructure investment.

The delegation expressed confidence in Pakistan’s future, with a focus on technical and financial cooperation for the development of transport projects, further solidifying the country’s role as a key investment hub in the region.

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