LAHORE May 15: Senior country manager of UK Trade and Investment for South Asia Peter Courtney has said that Britain was ready to multiply its investment in Pakistan provided the potential local businessmen come forward.

Addressing businessmen and industrialists at the Lahore Chamber of Commerce and Industry on Thursday, he said that the UK was the largest foreign investor in Pakistan. A number of new projects were in the pipeline as the potential British investors desired to shift their operations to Pakistan due to the consistency in economic policies of the government, he added.

Mr Courtney said that the British government would continue to facilitate Pakistani businessmen for the promotion of bilateral trade.

The economic relations between the two countries were developing positively and an exchange of a number of high-powered delegations between the two countries was expected this year, he added.