Pakistan offers supportive and enabling investment climate based on better regulations for safeguarding foreign investment and improvement in the Ease of Doing Business ranking by the World Bank with consistent efforts to boost business environment in the country.
This was stated by Pakistan’s Ambassador to Japan Imtiaz Ahmad at a two-day event for Japanese companies interested in investing in Pakistan, according to a press release issued by Pakistan’s Embassy in Tokyo on Friday.
Embassy of Pakistan co-hosted the event in Tokyo with the support of Board of Investment (BoI), Trade Development Authority of Pakistan (TDAP), Japan International Cooperation Agency (JICA), Investment and Technology Promotion Office (ITPO) and others.
In his opening remarks, the Ambassador, while acknowledging contributions of more than eighty Japanese companies already operating in Pakistan, pointed towards a keen interest shown by many more Japanese companies to integrate in Pakistan’s economy for which the Mission expects expansion and diversification of Japanese investment in Pakistan in the coming years.
The audience was also introduced to the attractive incentives being offered for investing in Special Economic Zones in Pakistan in addition to the commercial advantages associated with Pakistan such as its geographical location. Other factors like huge domestic market, no distinction between domestic and foreign investors, trained and English speaking educated manpower, quality infrastructure, abundant natural resources and extensive digital penetration already well recognized by multinational companies would also be beneficial.
In different sessions during the event, Japanese investors were exposed to various investment opportunities in the sectors including variety of products.
