- It will be the first official Bavarian delegation visit to Pakistan after 20 years
- Objective is to explore opportunities of joint ventures in the emerging economy of Pakistan
ISLAMABAD: A high-level German businessmen delegation will arrive on a five-day visit to Pakistan today (Monday).
The visit of the delegation, comprising of 36 executive-level decisionmakers of various German business houses including IT, manufacturing and service sectors, has been organised by the Bavarian Ministry of Economic Affairs in collaboration with the Consulate of Pakistan in Munich with active support from the Pakistan Embassy in Berlin.
The objective of the visit is to explore opportunities of joint ventures and innovative businesses in the emerging economy of Pakistan. It will be the first official Bavarian delegation visit to Pakistan after 20 years. Bavaria, as Europe’s strongest economic region, wishes to become an important partner of Pakistan in the future.
During its two-day stay in Karachi, the delegation will attend Pak-German Business Conference being organised by the German Pakistan Chamber of Commerce and Industry. Sindh Chief Minister Syed Murad Ali Shah is scheduled to be the chief guest of the occasion. In his keynote address, Murad Ali Shah will highlight some of the investment and business opportunities available in his province for the foreign businessmen.
The delegation will then visit the Karachi Chamber of Commerce and Industry where it will hold a meeting with the chamber’s president, followed by a presentation on “Made in Pakistan with German engineering” by Consul for Pakistan in Bavaria Dr Pantelis Christian Poetis.
Bavarian State’s Ministry of Economic Affairs, Energy and Technology Senior Counselor Ul rich Konstantin Rieger will brief the participants about the Bavaria State and its pivotal role in the German economy.
Sindh Board of Investment (SBOI) Chairperson Naheed Memon will also make a presentation which will be followed by a group discussion and business-to-business meetings during the delegation’s visit to the SBOI Head Office.
The Trade Development Authority of Pakistan (TDAP) has organised a round-table business discussion with the visiting delegation, which is also likely to visit a few industrial units in Karachi.
During its stay in the federal capital, the delegation will call on Prime Minister’s Advisor on Commerce Abdul Razzaq Dawood. The meeting will be followed by a presentation by the Board of Investment on “Regime and Special Economic Zones of Pakistan”.
Senior representatives from the ministries of IT and telecommunication, national health services & regulations, industries & production, national food security & research, energy (power and petroleum divisions), commerce, Punjab Information Technology Board, Private Power Infrastructure Board and the Federation of Chamber of Commerce and Industry shall make a presentation on their respective sphere of activities.
B2B meetings with Pakistani businessmen and industrialists have also been organised with the active cooperation of the Islamabad Chamber of Commerce and Industry. A reception in the honour of the delegation by the German Embassy is also on the cards.
