Japanese to invest $100m in IT

Published August 22, 2008

KARACHI, Aug 21: Japanese investors plan to put in $100 million in information technology projects in IT Park in Karachi. This fact emerged during a meeting of Japanese Ambassador Seiji Kojima with Sindh Industries Minister Rauf Siddiqui.

A press release on Thursday said that the Japanese envoy was accompanied by three other diplomats, who included Consul General Akinori Wada, deputy Consul General Tsuyoshi Hikita and Economic Adviser Takashi Miyata during the meeting with the Sindh minister.

The minister informed the Japanese ambassador that preparations were afoot to set up institutions to teach Japanese language to students. The Japanese have shown interest in setting up a massive database and a call centre with capacity of one thousand calls. Mr Siddiqui further informed the Japanese diplomats about investment opportunities in Sindh in automobile, textile, preservation of vegetable and fruits, including dates.

The Japanese envoy spoke of the success of automobile projects in Karachi in which his country’s investors are major partners.

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