UK Investors Interested In 26 Economic Sectors: UKPCCI

KARACHI, (UrduPoint / Pakistan Point News - 11th Apr, 2019 ) :British investors have shown their interest in 26 high potential economic sectors in Pakistan with top priority to tourism, information technology, infrastructure, textile and real estate sectors.

This was informed by General Secretary, UK-Pakistan Chamber of Commerce and Industry (UKPCCI), Barrister Waheed-ur-Rehman Mian, who is leading a delegation of his chamber, during a meeting with President M. Junaid Makda and other members of the Karachi Chamber of Commerce and Industry (KCCI) at KCCI Secretariat here, said a press release on Thursday.

He said British investors have already invested in various real estate projects in Gwadar and the delegation members were here to explore more investment opportunities in the sector.

The General Secretary of the UKPCCI, referring to the tourism potential in Pakistan, said that UK investors were looking forward to setting up resorts in some of the most scenic areas in Khyber Pakhtunkhwa province with focus on Karakorum Highway which connects Pakistan with China.

"All these resorts, which we have planned to establish in different areas in KPK will also have schools to be constructed by UKPCCI in respective neighbourhoods to give free education to the children of local inhabitants," he added.

Waheed-ur-Rehman said the UKPCCI also had planned to impart free technical education in Pakistan which would certainly help in improving the skills of Pakistani youth.

He said the investors from the UKPCCI were also currently constructing a high-rise building in Lahore while they were also looking into the possibility of constructing another high-rise building in Cantonment area of Karachi.

The UKPCCI was also keen to conduct language courses and teachers' training programme. It would be offered either free of cost or at a very low cost.

A portal could also be provided to Pakistani youngsters who could route their innovative work through this facility to highlight their abilities, he added.

While referring to re-start British Airways flights from Islamabad on June 2, 2019, he was fairly optimistic that the airline would also restore its operations from Karachi as well.

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

KCCI President Junaid Esmail Makda said Karachi, which is the economic hub of Pakistan, offered profitable investment opportunities including joint ventures and also facilities for trade.

This international city was attractive place for British businessmen.

They could surely earn maximum profits by setting up their businesses or undertaking joint ventures here, he added.