Business

Assistance: Japan offers help in economic revival

The ambassador said Pakistan’s strategic location makes it an attractive market for potential foreign investors.

Our Correspondent November 04, 2013

Envoy asked the chamber to arrange a delegation to Japan to have first-hand knowledge of available opportunities there.

LAHORE:

Japanese Ambassador to Pakistan Hiroshi Inomata has stressed the need for more collaboration between Pakistan and Japan to achieve concrete and tangible results as far as economy is concerned.

He was talking to Lahore Chamber of Commerce and Industry (LCCI) President Engineer Sohail Lashari during a visit to the LCCI on Monday.

The ambassador said Pakistan’s strategic location makes it an attractive market for potential foreign investors. He said he would be doing what is possible to highlight the potential of Pakistan in the eyes of Japanese investors.

He also asked the chamber to arrange a delegation to Japan to have first-hand knowledge of available opportunities there.

Inomata also discussed bilateral economic relations with particular reference to cooperation in different sectors. He said the Japanese government and the private sector were ready to extend every possible help to Pakistan for the revival of economic activities.

Published in The Express Tribune, November 5^th, 2013.

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COMMENTS (2)

HAROON RASHID | 11 years ago | Reply Honorable Ambassador Pakistan Hiroshi Inomata Esq., as expressed to the need for more collaboration between Pakistan and Japan to achieve concrete/tangible results in the economic sector. Excellency People, consumer, businesses had been very supportive to Japans collaboration decades before in the technology sector with Japanese cars which was very encouraging and the total market rather PAMA trade body became as if it was JAMA with all Japanese Membership of auto manufacturers. The automobile sector producing Japanese kit cars for local assembling are not in adherence to the standards/quality, safety of JAMA/OICA standards stipulated. Opportunity provided to Toyota Customers for the devaluation of Yen/Dollar parity did not provide relief to Toyota local production, neither with price, nor with safety, economy to enable the product for the international market exports from Pakistan. Japanese technology for transport mass transit is the best in the world, being endorsed for the Karachi Mass Transit, and Metro Bus service. Based on the studies of JICA will definitely bring credibility to Japan in the transport sector for Karachi. It is the earnest desire for residents of Karachi for completion/execution of the Metro Bus, and Mass Transit Circular Train project to be completed on an urgent basis, in the true spirit of the honorable Prime Minister Excellency Mr. Abe which will create new vistas of openings/opportunities for Japan investment in Pakistan but also in the SAARC region.

The Failed Rebel | 11 years ago | Reply This can go good if the failed rulers don't ask for commission! They are billionaires now, have sucked us dry enough. They can live happily with what they have stolen from us.

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