Development projects: British groups to invest 2.5b in Pakistan

Investors’ business headquarters to be set up in Karachi.

Express June 20, 2011


British groups will make investments worth 2.5 billion pounds in several projects in Pakistan and their business headquarters will be established in Karachi, said Deputy High Commissioner Francis Campbell.

A four-member delegation from the United Kingdom, led by Campbell, met Chief Minister Qaim Ali Shah at Chief Minister House on Monday. Campbell said that the firms are keen on putting their money in energy, power generation and mining projects. According to Campbell, President Asif Ali Zardari encouraged investors to come forward during his last visit to the UK.

He said that the countries would also share agricultural technology and methodology to help Sindh acquire maximum yields. He hoped that the infrastructure and facilities provided by the Sindh government at the Thar coalfield would help investors since jobs will be given to people in the area.

The chief minister briefed the delegation on security for diplomats and said that a plan has been chalked out for all diplomatic enclosures. The delegation included a political counsellor, Jehua Roper, the additional deputy head of mission, Jasper Thornton, and Shahryar Khan Niazi.

Published in The Express Tribune, June 21st, 2011.


Salute | 10 years ago | Reply

Good job. Good luck to both countries. Good opportunity and good timing!

fahim | 10 years ago | Reply we have begged well
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