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Sindh's public-private partnership investment portfolio reaches Rs616bn
Sindh's public-private partnership investment portfolio reaches Rs616bn

Business Recorder

time02-05-2025

  • Business
  • Business Recorder

Sindh's public-private partnership investment portfolio reaches Rs616bn

KARACHI: Sindh's investment portfolio under the Public-Private Partnership (PPP) model has reached Rs616 billion, reflecting the provincial government's commitment to leveraging private sector participation for infrastructure development and economic growth. This was revealed by Syed Qasim Naveed Qamar, Special Assistant to the Chief Minister of Sindh on Investment and Public-Private Partnership, while speaking to Business Recorder on the sidelines of a high-level meeting with prominent industrialists and business leaders held at a local hotel here on Thursday. The meeting was held in light of the instructions of Pakistan Peoples Party Chairman Bilawal Bhutto Zardari and as a follow-up to a recent session chaired by Sindh Chief Minister Syed Murad Ali Shah. It aimed to brief stakeholders on Sindh's ongoing development initiatives and explores public-private collaboration opportunities. Leading members of the business community including MNA Mirza Ikhtiar Baig, Zubair Motiwala, Arif Habib, Arif Elahi, Danish Khan, Junaid Naqi, Zahid Saeed, Sameer Chinoy, and Danish Elahi attended the session. Also present were Sindh Secretary for Investment Raja Khurram Shahzad, Secretary Transport and Director General PPP Unit Asad Zamin, CEO Sindh Economic Zone Management Company Abdul Azim Aqili, and CEO Sindh Enterprise Development Fund Khizr Pervez, among other senior officials. During his address, Qasim Naveed Qamar welcomed the participants and emphasized the Sindh government's commitment to inclusive economic development through the PPP framework. He highlighted key opportunities in sectors such as infrastructure, agriculture, livestock, fisheries, innovation, and digital skills development. A detailed briefing supported by maps and charts was presented on current PPP projects, revealing that the total estimated portfolio stands at Rs616,299 million. Officials from the Investment Department and related agencies shared updates and responded to queries from the business community. The participants appreciated the Sindh government's efforts and suggested inviting representatives from all major business associations in Karachi to future meetings. Qasim Naveed Qamar agreed to the proposal and assured continued engagement with the private sector to ensure shared growth and development. Copyright Business Recorder, 2025

Sindh's PPP investment portfolio reaches Rs616bn
Sindh's PPP investment portfolio reaches Rs616bn

Business Recorder

time02-05-2025

  • Business
  • Business Recorder

Sindh's PPP investment portfolio reaches Rs616bn

KARACHI: Sindh's investment portfolio under the Public-Private Partnership (PPP) model has reached Rs616 billion, reflecting the provincial government's commitment to leveraging private sector participation for infrastructure development and economic growth. This was revealed by Syed Qasim Naveed Qamar, Special Assistant to the Chief Minister of Sindh on Investment and Public-Private Partnership, while speaking to Business Recorder on the sidelines of a high-level meeting with prominent industrialists and business leaders held at a local hotel here on Thursday. The meeting was held in light of the instructions of Pakistan Peoples Party Chairman Bilawal Bhutto Zardari and as a follow-up to a recent session chaired by Sindh Chief Minister Syed Murad Ali Shah. It aimed to brief stakeholders on Sindh's ongoing development initiatives and explores public-private collaboration opportunities. Leading members of the business community including MNA Mirza Ikhtiar Baig, Zubair Motiwala, Arif Habib, Arif Elahi, Danish Khan, Junaid Naqi, Zahid Saeed, Sameer Chinoy, and Danish Elahi attended the session. Also present were Sindh Secretary for Investment Raja Khurram Shahzad, Secretary Transport and Director General PPP Unit Asad Zamin, CEO Sindh Economic Zone Management Company Abdul Azim Aqili, and CEO Sindh Enterprise Development Fund Khizr Pervez, among other senior officials. During his address, Qasim Naveed Qamar welcomed the participants and emphasized the Sindh government's commitment to inclusive economic development through the PPP framework. He highlighted key opportunities in sectors such as infrastructure, agriculture, livestock, fisheries, innovation, and digital skills development. A detailed briefing supported by maps and charts was presented on current PPP projects, revealing that the total estimated portfolio stands at Rs616,299 million. Officials from the Investment Department and related agencies shared updates and responded to queries from the business community. The participants appreciated the Sindh government's efforts and suggested inviting representatives from all major business associations in Karachi to future meetings. Qasim Naveed Qamar agreed to the proposal and assured continued engagement with the private sector to ensure shared growth and development. Copyright Business Recorder, 2025

Sindh govt decides to unify online taxi services under one system
Sindh govt decides to unify online taxi services under one system

Business Recorder

time30-04-2025

  • Automotive
  • Business Recorder

Sindh govt decides to unify online taxi services under one system

KARACHI: The Sindh government has decided to unify all online taxi services operating in Karachi under a single system and expedite the launch of electric vehicle (EV) taxis. An important meeting of the Transport and Mass Transit Department was held in Karachi, chaired by Sindh Senior Minister Sharjeel Inam Memon, specially attended by the Special Assistant to the Chief Minister on Investment and Public-Private Partnership, Qasim Naveed Qamar, along with Secretary Transport Asad Zamin and Managing Director of the Sindh Mass Transit Authority Kamal Dayo. The meeting reviewed the progress in establishing new Motor Vehicle Inspection Centers, as well as, the performance of the existing centers in Karachi. It also discussed various models for providing EV taxis to the public on easy instalments. Additionally, the meeting evaluated the initiative to provide scooters to working women and female students. Speaking at the meeting, Sharjeel Inam stated that providing quality, safe and environment-friendly transportation facilities to the citizens of Karachi is the top priority of the Sindh government. He stated that efforts are under way to bring Karachi's taxi system under a single, integrated, and modern framework. All taxi services will be organised under one umbrella to ensure safe, standardised, and legally compliant facilities for passengers. This unified system will help improve fare regulation, service quality, and vehicle inspection standards. Copyright Business Recorder, 2025

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