‘German investors not dissuaded by security issues’

Published: November 15, 2012

Envoy says increasing number of German businesses interested in Pakistan.

KARACHI: Pakistan’s security issues are not so bad as to completely dissuade German investors from the country, Germany’s Consul General in Karachi Dr Tilo Klinner said on Wednesday. “This is why three to four companies are about to invest in Pakistan in very short time,” he revealed.

“It is just about finding a good business partner in Pakistan,” Dr Klinner told The Express Tribune. “And if you can find a good partner in Pakistan, you can circumvent most problems, including security.”

“Pakistan has not lagged behind in recent years. I can tell you that Pakistan can market itself at the same level where India markets itself today.

Pakistan may be dark from the outset, but the ground reality is different from what many perceive about Pakistan,” he said at the ‘Germany on the road’ exhibition organised here at a local hotel. Dr Klinner said that his office is encouraging German companies to come and see what opportunities they can avail in Pakistan.

The German envoy also revealed that his country will host an investor’s conference for German companies in Pakistan on a big scale in the coming summer, as part of a series of efforts to cater to the interest of German companies in Pakistan. “German companies have shown their interest in investing in Pakistan and we are guiding them as per their area of interest,” he added.

The event was organised by the consulate general of Federal Republic of Germany with the cooperation of the Pakistan Germany Business Forum (PGBF). The event also marked the launch of the new PGBF website.

“We will further increase the PGBF’s activities in the coming months and turn it into a vibrant chamber that facilitates both Pakistani and German companies interested in investing in each others’ respective countries,” he said. He claimed that a lot of Pakistani businessmen are learning German owing to strengthening business links between the two countries.

This was the first exhibition of its kind in Karachi. Earlier, similar exhibitions have been organised in Islamabad, Lahore, Sialkot, Faisalabad, and Multan.

Published in The Express Tribune, November 15th, 2012.

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Reader Comments (5)

  • Hasan
    Nov 15, 2012 - 2:30AM

    West is always good at providing lip service and tell you what you love to listen … British did that with our kings and brainwashed them,… we have seen US doing that with us. now the Germans… They wisely strike the chord by telling “Pakistan can market itself at the same level where India markets itself today.” which is like honey in our ears!! Even a beggar at Karachi knows how worthless this comparison is. But these guys will surely get some deals …

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  • indian
    Nov 15, 2012 - 2:40AM

    i definitely agree on one thing that if pakistan overcomes law and order problems …..then we have to add a “P” in BRICS………………….

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  • suleman
    Nov 15, 2012 - 2:54AM

    “Pakistan has not lagged behind in recent years. I can tell you that Pakistan can market itself at the same level where India markets itself today”………………………………………………
    the statement is true only if one doesn’t consider the time factor here………………..

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  • enlighten moderate
    Nov 15, 2012 - 6:27PM

    You dont trade with us saying we give Capital Punishment still you buy millions of tons of oil from middle east countries.

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  • Bala
    Nov 16, 2012 - 12:37AM

    @enlighten moderate:

    Wrong, they do trade will all countries even if they give capital panishment (eg. India, US) but they do not give GSP+ tade aid help to countries that have poor human rights track record. Abolishing capital punishment is not mandatory for GSP+ status

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