22
Apr

GBP 200 Million Investment Agreement Signed by UK Delegation

An agreement has been signed by the United Kingdom (UK) delegation that came to Pakistan that they will invest a sum of GBP 200 million in the country. This news has been announced by the UK-Pakistan Chamber of Commerce & Industry (UKPCCI), President Amjad Khan.


He further added that the delegation is also further looking for more investment opportunities in the upcoming future projects of Pakistan. He revealed that the delegation came with a clear vision to make an investment in various sectors that are directly supporting the national economy which includes the real estate, IT (information technology), hospitality and the telecommunication industry. The delegates also left a positive impression and vibe that more than 800 young and talented entrepreneurs residing in the UK are willing to come to Pakistan and discover the investment avenues.

The delegates who came from the UK visited Karachi, Lahore, Rawalpindi and Islamabad, where they had a successful meeting with the public as well as the private sector representatives of the country to explore and excavate more investment opportunities the country is capable of.

The acting President of Islamabad Chamber of Commerce & Industry (ICCI) Iftikhar Anwar Sethi has advised the UKPCCI members to explore more joint venture opportunities and find out more investment avenues that are available in Pakistan in all the respective areas of the interest of the UK delegations. Iftikhar Anwar further added that through this step the foreign investors will feel encourages and will feel like investing more in Pakistan and helping in boosting the foreign direct investment.

The plan of investment is not months old, it was decided a way weeks back and the UK delegation worked upon it in short span of time. The government is planning to invest in different sectors of Punjab such as agriculture, dairy development, livestock and tourism.