Business opportunities in Afghanistan

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Karachi—Zubair Motiwala Chairman Sindh Investment Board while pointing out available opportunities in Afghanistan specifically in the field of construction; cement and allied material, fresh fruits and its processing, minerals and mining etc ha said that not only Pakistan but British companies being the part of UK-Pakistan, Afghanistan can benefit of the available business opportunities.

This was discussed at a meeting to strengthen ties between UK-Pakistan Chamber of Commerce & Industry (UKPCCI) and Pakistan Afghanistan Joint Chamber of Commerce & Industry (PAJCCI) was discussed in a called on meeting between Mr. Razi Khan, President - UKPCCI and Mr. Muhammad Zubair Motiwala, President PAJCCI. Mr. Junaid Makda, Director - PAJCCI, Ms. Faiza, Secretary General - PAJCCI and Mr. Faisal Khan, GSL South Asia were also present at the meeting.

Mr. Motiwala elaborated on the background of establishment of this unique Chamber and objectives of this entity to facilitate bi-lateral trade between the two nations. He also briefed about initiatives taken by PAJCCI in a short span of time and informed Mr. Razi regarding achievement of PAJCCI in amicably resolving issues related to APTTA which were pending since long between the two countries. With the foresight to sort out concerns of business communities across the border, the board in its meeting unanimously agreed on 8 most important resolutions which were also presented as a joint document in the APTTCA meeting held in October 2012.

Mr. Razi showed immense interest in Chamber’s achievements in form of reciprocal trade delegation between the two countries, business perception trade survey, Economic Cooperation Conference and PAJCCI’s effective role in the area of advocacy pertaining to Afghan Transit Trade specifically. He also acknowledged interest of both Turkey and Tajikistan in PAJCCI to have tripartite engagements with them for better regional co-operation and enhanced economic activities.

Mr. Razi stated that Pakistan has immense potentials and effective plans and policies but the issues are faced at the execution or implementation level. He believed that there are lots of untapped opportunities available in Afghanistan and UK would like to collaborate with PAJCCI in order to penetrate in this unexploited segment.

He further stated that areas may be identified where British companies can penetrate, in both Pakistan and Afghanistan, to obtain mutual benefits

As Chairman Sindh Board of investment (SBoI) Zubair Motiwala also elaborated on the available investment opportunities in Sindh where UK companies can invest or can do joint ventures for mutual benefits.

Mr. Razi extended invitation to President PAJCCI for a meeting during his visit to UK to further discuss opportunities of collaboration for strengthening the relationship between UK, Pakistan and Afghanistan.

 

Courtesy: Pakistan Observer


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