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UK investors interested in Pakistan’s tourism, IT, infrastructure & textile sectors: UKPCCI

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April 11, 2019: General Secretary of UK-Pakistan Chamber of Commerce & Industry (UKPCCI) Barrister Waheed ur Rehman Mian has said that they have identified around 26 sectors of Pakistan’s economy which have good potential for investments by UKPCCI investors and they were highly interested in Tourism, Information Technology, Hospitality, Infrastructure and Textile sectors which were at the top of their priorities.

Speaking at a meeting during the visit of UKPCCI delegation to KCCI, he added that in addition to these sectors, Pakistan’s real estate sector also offers lucrative opportunities to UK investors who have already invested in numerous real estate projects in Gwadar and they were here to explore more investment opportunities in this particular sector.

General Secretary UKPCCI, while highlighting the tourism potential of Pakistan, stated that UK investors were looking forward to setting up resorts in some of the most scenic areas in KPK province, particularly the Karakorum Highways which connects Pakistan with China.

Waheed ur Rehman said that investors from UKPCCI were also currently setting up a high-rise building in Lahore while they are also looking into the possibility of constructing another high-rise building in Cantt area of Karachi.

While referring to recommencement of flight operations of British Airways from Islamabad from June 2, 2019 onwards, he was fairly optimistic that the airline would also recommence its operations from Karachi as well.

While underscoring the need for having regular coordination between the Chambers of Commerce in Pakistan and UK, Waheed ur Rehman informed that UKPCCI now has a permanent office as they recently inaugurated a new office in London which was inaugurated by Pakistan’s High Commissioner to UK Nafees Zakaria.

Speaking on the occasion, President KCCI Junaid Esmail Makda informed that Karachi, which is the economic hub of Pakistan, offers profitable investment opportunities and added facilities for trade, investment and joint ventures to British business and industrial community.

He stressed that the KCCI and UKPCCI should work closely with each other to gather information on the concerns faced by businessmen and entrepreneurs of both countries while all these issues should be taken up with relevant government agencies and ministries for further discussions and engagement.

He said that KCCI was keen to strengthen trade ties and exploring new bilateral trade prospects with UK. “We believe Pakistan’s improved relations and enhanced trade with countries like UK would surely help in dealing with the economic crisis, ensure prosperity, and create a win-win situation for both the countries.”

Posted on: 2019-04-11T16:22:00+05:00

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