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October 19, 2006
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Thursday
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Ramazan 25, 1427
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Hungarian companies interested in Pakistan
ISLAMABAD, Oct 18: Hungarian Ambassador to Pakistan Bela Fazekas has said that a number of leading investors from his country were interested to invest in various areas in Pakistan taking advantage of investment friendly atmosphere available here.
He was talking to Federal Minister for Privatisation and Investment Zahid Hamid here on Wednesday.
Fazekas said that liberal policies, excellent investment climate and unlimited potential had made Pakistan an attractive destination for the investors.
He said Hungarian investors were ready to enter into joint ventures with Pakistani companies.
The ambassador said that Pakistan was an important export destination for Hungry with a huge market for the cellular mobile sets of Nokia among others.
Mr Hamid briefed the envoy about the investment and privatisation scenario in Pakistan.
He thanked the ambassador for the interest shown in investing in Pakistan and assured him full cooperation in undertaking joint ventures in
Pakistan. —APP
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