Chairman Sindh Board of Investment, Muhammad Zubair Motiwala has said the province has lot of investment opportunities in the sectors of alternate energy, infrastructure development, resort development, mass transit, circular railway and Thar Coal and for that Sindh Government has offered favourable incentives to the foreign investors.

He was speaking at a meeting with Russian Counsel General, Andrey Demidov at the office of SBI.

Chairman SBI welcomed the proposal of Russian Consul General that Russian investors would visit Pakistan, especially Sindh to discover investment opportunities in the province.

Motiwala further said Sindh has a lot of investment opportunities and to boost up investment opportunities in the province, the government has established private public partnership unit to achieve the targets.

He explained that government has short-listed 15 shovel ready projects for local as well as foreign investment.

The meeting was scheduled to review the progress in the backdrop of the visit of Chief Minister Sindh, Syed Qaim Ali Shah earlier in the month of October 2011 where one sister city protocol with Government of St Petersburg was signed.

Delegates then also had detailed meeting with Vice Governor of Leningrad Region to explore areas of interest/investment for both the parties.

In furtherance of understanding between two sides Government of Sindh has drafted two agreements of co-operation in the field of energy, mining, tourism, culture, education, sports, science and technology.