Pak-Japanese Ties: Ambassador calls for more investment

ISLAMABAD: Pakistan’s ambassador to Japan Farukh Amil said that it valued the contribution of the Japanese companies towards the economy of Pakistan and urged other companies to benefit from the investor-friendly incentives. While speaking to Fast Retailing Co. Ltd Chief Executive Officer Tadashi Yanai, he assured that Pakistan was on a positive trajectory of growth and development and highly valued the 76 Japanese companies already operating in the country. “The new government is focused towards rebuilding the economy and attracting investments for concrete economic growth,” Amil said. He added that Japan should consider Pakistan as an alternate for sourcing under Japan’s Asian diversification strategy. Yanai believed Asia offered the greatest potential of all the international markets. He expressed keen interest towards investment in Pakistan, particularly the textile industry. Discussing the new investment plan of his company, he said Pakistan could be a potential sourcing country of raw material for their latest venture.

Published in The Express Tribune, January 21^st, 2014.

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