Foreign delegates keen to undertake investment, joint ventures

Muffasar Malik highlights Karachi’s investment potential, forecasts economic boost, heavy influx of foreigners due to CPEC

KARACHI: Foreign delegates from China, Hong Kong, Germany, Tunisia and Indonesia have expressed seriousness towards undertaking joint ventures and exploring investment opportunities in Pakistan, particularly Karachi where the mainstream business and economic activities continue to take place in full swing. The improved law and order situation has resulted in attracting many potential investors from around the world who are keen to initiate or expand business ties with their counterparts in Karachi.

While exchanging views with Karachi Chamber of Commerce and Industry President Muffasar Atta Malik, Senior Vice President Abdul Basit Abdul Razzak, Vice President M Rehan Hanif and KCCI Managing Committee Members at the B2B sessions held at Karachi Chamber’s Pavilion at the ongoing 10th Expo Pakistan Exhibition. Foreign businesspersons, investors and industrialists mostly inquired about the potential sectors, security situation, investment policies, business climate, taxation policies and the incentives being offered to foreign investors, besides seeking means of creating a strong liaison and improve collaboration between KCCI and other Chambers of Commerce around the world in order to facilitate trade and investments.

Leader of a delegation from Hong Kong and Pakistan Chamber of Commerce Hong Kong (PCCHK) Vice President Dr Ellen Lau, who was also accompanied by Consul General of Pakistan in Hong Kong Abdul Qadir Memon and other delegates, said that the delegation was looking forward to investment opportunities in the health, education, infrastructure development, mining, banking and other important sectors of the economy.

She said that Karachi city has developed very well and this was the right time to invest here. Keeping in view the improved situation, many Airlines from Hong Kong and China were pretty much interested in expanding their flight operations to Karachi. PCCHK and KCCI must work together and make collective efforts to facilitate trade and investment, she added.

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  1. This is good sign , government should take this opportunity seriously and facilitate the foreign investor to invest in Karachi and make effort to get investment from the other country .

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