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Investment opportunities available for British
investors: AbbasiStaff Reporter
Islamabad—Mr.Muhammad Ijaz Abbasi, President of
Islamabad Chamber of Commerce & Industry in a meeting at ICCI with
the British delegation including Mr.Peter Courtney, Senior Country
Manager, South Asia for UK Trade and Investment and Ms.Charlottee
Pinder, CEO, Asia House, said that Pakistan offer excellent
opportunities of trade and investment to the foreign companies, for
the support in the present national elections of Pakistan. He said
that U.K. always provided assistance to Pakistan in many sectors and
urged for support in promoting technical education in Pakistan. He
said that there is a lack of technical skills in many areas in
Pakistan due to which highly skilled labour is not available in many
sectors.
President said that in agriculture sector British companies can
collaborate with Pakistan and should provide assistance in
increasing per yield production. He said that Pakistan is an
agriculture country but due to the lack of use of latest technology
and equipment, desired production is not achieved. Mr.Muhammad Ijaz
Abbasi said that both countries enjoy very good trade and economic
relations and as U.K. is the 2nd largest overseas investor in
Pakistan. He said that British investors can also find tremendous
scope of investment in areas of infrastructure development such as
railroads, telecommunication, Housing, highways, farms to market
roads, water security, financial services, engineering, energy and
IT sectors.
President ICCI said that that about 100 British companies are
operating in Pakistan and more British companies can also get
advantage of lucrative foreign investment policy of Pakistan. He
said that major British companies which are operating in Pakistan
include Unilever, Shell, BP, GlaxoSmithKline, Standard Chartered
Bank and International Power and many others. He said that Pakistan
is a safe place and more British should come and invest in Pakistan.
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