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.

Opinion

Editorial

Poll petitions’ delay
Updated 06 Jan, 2025

Poll petitions’ delay

THOUGH electoral transparency and justice are essential for the health of any democracy, the relevant quarters in...
Migration racket
06 Jan, 2025

Migration racket

A KEY part of dismantling human smuggling and illegal migration rackets in the country — along with busting the...
Power planning
06 Jan, 2025

Power planning

THE National Electric Power Regulatory Authority, the power sector regulator, has rightly blamed poor planning for...
Confused state
Updated 05 Jan, 2025

Confused state

WHEN it comes to combatting violent terrorism, the state’s efforts seem to be suffering from a lack of focus. The...
Born into hunger
05 Jan, 2025

Born into hunger

OVER 18.2 million children — 35 every minute — were born into hunger in 2024, with Pakistan accounting for 1.4m...
Tourism triumph
05 Jan, 2025

Tourism triumph

THE inclusion of Gilgit-Baltistan in CNN’s list of top 25 destinations to visit in 2025 is a proud moment for...