South Korea to invest $1 billion in Pakistan: Suleman Chawla

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Mr. Suleman Chawla, Acting President FPCCI, has apprised that South Korea plans to invest $1 billion in Pakistan’s various industrial sectors and economically significant initiatives over the next 5 years and it will help Pakistan in many ways:

(i) Pakistan will receive the much needed capital inflows in dollar terms

(ii) the country will be able to adapt to the internationally-acclaimed hi-tech industrial techniques and standards to compete regionally & internationally

(iii) Pakistani industrial units will secure numerous joint ventures in textile value-addition, IT, automobiles, healthcare devices and agriculture – to name a few (iv) and last, but not the least, hundreds of thousands of new jobs will be created.

Acting FPCCI Chief proposed that South Korea and Pakistani industrialists should form a joint forum of relevant business leaders & diplomatic staff from both sides to turn the huge investment of $1 billion into a reality through prioritizing the right areas, B2B matchmaking and establishing an efficient liaison with the authorities.

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