Japan keen to invest in water plant

Dawood apprised the delegation about the incentives provided by the Auto Development Policy

Japan's Prime Minister Shinzo Abe. PHOTO: REUTERS

ISLAMABAD:
A Japanese business delegation has expressed keen interest in the evolving investment opportunities in building water treatment and affluent plants for the emerging industrial sector in Pakistan for the better management of its wastes. The delegation, led by Japanese Ambassador to Pakistan Kuninora Matsuda, called on Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday. The adviser highlighted the huge investment opportunity in technology upgrade of textile industry. He invited the Japanese side to create a special fund for its manufactures of textile machinery so that they can provide the technologically upgraded machinery to Pakistani textile manufacturers by capturing the significant market potential. Dawood apprised the delegation about the incentives provided by the Auto Development Policy to new investors and expected more investment from Japan in this sector. Speaking on the occasion, the envoy said that Japan is providing technical assistance for capacity building of textile workers that is providing quality workforce for textile sector.


Published in The Express Tribune, June 20th, 2019.

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