BaDaR
19th April 2008, 03:51
KARACHI: British Deputy High Commissioner Robert Gibson has said that in the coming years his office will encourage more companies from Britain to invest in Pakistan and act as a significant proponent of the country as an emerging market for foreign investors.
In a meeting held with Waqar Malik, President of Overseas Investors Chamber of Commerce & Industry (OICCI), he stressed the importance of taking a strategic approach towards finding and utilising investment opportunities in the country. he said that this will require efforts to maintain a favourable business climate.
Malik acknowledged the long-standing relationship that the two organisations have enjoyed over the years. He briefed Gibson about the role and ongoing activities of the chamber, the contribution of OICCI members to Pakistan’s economy and the role of UK-based companies amongst overseas investors.
He added that the overall business climate in the country is positive for foreign investors. However, the country’s current law and order situation requires improvement, adding that consistency in government policies and the growing domestic economy are key contributors to making Pakistan an attractive investment destination. Malik also emphasized that Pakistan has immense growth potential and incentives to promote several areas such as; food processing, infrastructural development, engineering and information technology.
UK to invest more in Pakistan (http://www.thenews.com.pk/daily_detail.asp?id=107593)
In a meeting held with Waqar Malik, President of Overseas Investors Chamber of Commerce & Industry (OICCI), he stressed the importance of taking a strategic approach towards finding and utilising investment opportunities in the country. he said that this will require efforts to maintain a favourable business climate.
Malik acknowledged the long-standing relationship that the two organisations have enjoyed over the years. He briefed Gibson about the role and ongoing activities of the chamber, the contribution of OICCI members to Pakistan’s economy and the role of UK-based companies amongst overseas investors.
He added that the overall business climate in the country is positive for foreign investors. However, the country’s current law and order situation requires improvement, adding that consistency in government policies and the growing domestic economy are key contributors to making Pakistan an attractive investment destination. Malik also emphasized that Pakistan has immense growth potential and incentives to promote several areas such as; food processing, infrastructural development, engineering and information technology.
UK to invest more in Pakistan (http://www.thenews.com.pk/daily_detail.asp?id=107593)