Over 800 Japanese investors to attend conference in Karachi

Karachi: The government of Japan has offered Karachi Metropolitan Corporation of organizing a seminar in the city sometime next month wherein over 800 Japanese investors would participate.

The people running the small and medium size cottage industries would be invited to attend the seminar. All the investors would be invited to invest in industrial zone planned at Mehran highway for which the Japan government would also extend financial assistance.

A delegation of JICA, headed by Mr. Agaci, informed about the proposal during a meeting with KMC Administrator Muhammad Hussain Syed.

Syed told the delegation that services and works department would be directed to pay special attention on construction and repair of roads linked to Mehran highway and starting second phase of highway at the earliest. Japan government has released Rs.550 million grants for construction of second phase of Mehran highway that is about 11km long portion.

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