Potential: ‘Better coordination needed to promote local business’

Pakistan has great potential for US investors to help bring in cheaper but quality education and health facilities.


Our Correspondent April 16, 2014
There is a need for promoting medium enterprises in the private sector which require only $1 million to $15 million besides energy and venture capital. DESIGN: JAHANZAIB HAQUE

ISLAMABAD:


Pakistan has immense potential in certain sectors like agribusiness, dairy, Fast Moving Consumers Goods (FMCGs) and Information and communication technology (ICT), said Sadika Hameed, a US expert, during an interview.


There is a need for promoting medium enterprises in the private sector which require only $1 million to $15 million besides energy and venture capital. Hameed, currently visiting Pakistan, is a renowned economist and a fellow at the Center for Strategic and International Studies (CSIS) a leading US think tank based out of Washington DC.

“Better coordination between the US embassy and local companies can help target US development work toward specific undertakings that will promote local business growth,” she said. Pakistan has also great potential for US investors to help bring in cheaper but quality education and health facilities. APP

Published in The Express Tribune, April 17th, 2014.

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