KARACHI, (UrduPoint / Pakistan Point News – 20th May, 2021 ) :Pak-UK Business Council of FPCCI organised a webinar with Greater Manchester Chambers of Commerce (GMCC) to provide information on business and investment opportunities in Pakistan and linkages with partners and potential customers.
Following the signing of a Trade and Cooperation Agreement between FPCCI and GMCC, Pak-UK Business Council invited companies in Greater Manchester and beyond to explore Trade and Investment Opportunities in a vibrant and high-growth potential country “Pakistan.” The webinar – the first collaborative event of its kind by the council- was focused on diversification of exports between the two countries to further enhance and strengthen economic ties.
Addressing the participants, Secretary BOI Ms. Fareena Mazhar shared that UK is the second largest investor in Pak with a net FDI of $1,117.3m in FY 2020 and a number of British companies with substantial investments were successfully operating in the country.
Nonetheless, the trade and investment portfolio should be increased through active interaction between the business communities of two countries, she remarked and highlighted that a repository of over 130 projects worth USD 60 billion were available for investors on the newly launched interactive website of BOI as well as sector-wise details of offered incentives.
DG BOI, Investment Promotion, Mr. Jamil Qureshi delivered a detailed presentation on investment opportunities in various sectors such as tourism, housing/construction, pharmaceuticals, livestock, automobile, IT, textiles, food processing, etc. under SEZs; with lucrative incentives for UK investors.
He urged investors to benefit from Pakistan‘s investor-friendly policies and assured of BOI‘s support.
Riaz Sheikh, DG Trade Development Authority of Pakistan, shared a presentation with the participants on trade related opportunities for British businesses.
Earlier, the event started with a welcome note by…