UKPCCI To Plans For Investing In Different Sectors Of National Economy

UK-Pakistan Chamber of Commerce and Industry (UK-PCCI) plans to invest in multiple sectors of Pakistan including tourism, real estate, IT and telecom, health, education and other fields

ISLAMABAD, (UrduPoint / Pakistan Point News - 17th Apr, 2019 ) :UK-Pakistan Chamber of Commerce and Industry (UK-PCCI) plans to invest in multiple sectors of Pakistan including tourism, real estate, IT and telecom, health, education and other fields.

Intention to this regard was shown in meeting between President UK-Pakistan Chamber of Commerce and Industry Amjad Khan and Acting President Islamabad Chamber of Commerce and Industry here on Wednesday.

Amjad Khan said that his delegation members have so far signed agreements to invest 200 million Pounds while they were looking for more investment opportunities in Pakistan.

UKPCCI delegates said that their children were quite keen to invest in Pakistan as over 800 young entrepreneurs from UK were making plans to move to Pakistan.

They said that Pakistani expatriate entrepreneurs in UK wanted to transfer their expertise, knowledge and money to their youth and were encouraging them to invest in Pakistan in order to play positive role in the economic development of their motherland.

They said they held successful meetings with public and private sector representatives during their visit to Karachi, Lahore, Rawalpindi and Islamabad to explore investment opportunities in Pakistan.

Addressing the delegation, Iftikhar Anwar Sethi, Acting President ICCI said that Pakistan and UK have good potential to enhance bilateral cooperation in multiple fields and stressed that both chambers should make strong efforts to promote bilateral trade and economic relations between the two countries.

He said that Pakistan was emerging as a big consumers' market for businesses and UKPCCI members should explore JVs and investment in Pakistan in areas of interest.

He said investment by UKPCCI members in Pakistan would give more confidence to foreign investors leading to enhanced FDI in the country.

He said that apart from CPEC, tourism, real estate, construction, IT, Halal food, textile and other sectors of Pakistan's economy offered great investment potential for foreign investors while the government was working to promote easy of doing business in the country.

He urged that UKPCCI members should take full advantage of these emerging business opportunity in Pakistan to grow fast in business.