President Asif Ali Zardari on Wednesday invited Chinese investment into “priority sectors,” particularly alternative energy sources, state-run Radio Pakistan reported. The president arrived in China on Saturday for a week-long visit to the Hunan and Hainan provinces for engagements related to economic and trade cooperation. President Zardari held a meeting with the chief executive officer (CEO) of Hangzhou Jinjiang Group, Wang Jian, in Sanya, where he invited the Chinese company to invest in “priority sectors, including alternate energy, water treatment, and electric vehicle battery systems”, according to Radio Pakistan. The president, according to the report, “noted that Pakistan is actively encouraging foreign investment in various sectors, especially water treatment, electric vehicle battery systems and alternate energy”. “Such partnerships could support sustainable growth and industrial development,” the report said, adding that President Zardari assured the company of “all p...
Karachi Mayor Murtaza Wahab on Wednesday expressed objection to comparisons between Karachi and Lahore in terms of infrastructure and governance, noting that both provincial capitals had different ground realities. Speaking alongside Punjab Housing Minister Bilal Yasin in Lahore, Wahab said, “When you compare Karachi to Lahore, this comparison is improper because of the population. We get water from a distance of 125 kilometres. Our daily water requirement is 1,100 million gallons per day (MGD), while our daily supply is 550 MGD, and the population continues to grow”. “Therefore, I think that comparing them leads to conflict,” he added, calling for both administrations to “work together” and share expertise. At one point, a reporter asked Wahab why the PPP “could not deliver what the public wanted” despite ruling Sindh for years, prompting Yasin to ask media persons to be “mindful of respecting the guests”. Responding to another question, Wahab said making such comparisons “leads t...