Canada interested in joint ventures

Published February 17, 2004

ISLAMABAD, Feb 16: An eleven-member trade delegation under the auspices of Canada-Pakistan Business Council (CPBC) has expressed keen interest in expanding business activities in the form of joint ventures with Pakistani companies in various sectors.

The Canadian delegation, in a meeting with the chairman, Board of Investment (BoI), Waseem Haqqie on Monday underlined IT and telecom, technology transfer, manufacturing and distribution of CNG kits, food processing, fisheries, software, training, oil drilling, silos, warehousing and house mortgaging as their areas of interest for joint ventures.

The delegation comprised Anwar Merchant, president, CPBC, Sinclair Stevens, former Canadian industries minister, Armughan Ahmad, executive, M/s Enterasys Canada Inc, William Catalano, Naim Malik, Nasir Mahmood of NTGC Clarity, an IT Company, Ms Aida Civeiros, director Canadian Manufacturers and Exporters, Mansoor Naqi, CEO, Spectrum Financial Roger Gate, GM of M/s MPM, Smir Dossal, Director of CPBC.

While from Pakistan side, Talat R Mian, EDG BoI, Dr. A. Mateen, MD PSEB, Ijaz Abbas from Islamabad Chamber of Commerce and other senior officials of BOI participated in the deliberations.

The Chairman BoI gave a detailed presentation on the occasion explaining the liberal investment policy of Pakistan and investment opportunities in various sectors including oil & gas, IT & telecom, power, agriculture, SMEs, infrastructure and Tourism.

He said that all the economic indicators were now moving upward and the steps taken by the government had started showing positive results, adding, the government was well aware of the major concern of investors including protection of their investment and safety. -APP

Opinion

Editorial

Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....
Soft on traders
08 Jun, 2026

Soft on traders

THE Fixed Tax Asaan Scheme for traders with an annual turnover of up to Rs200m has been designed as a ‘pragmatic...
Ceasefire in name
Updated 08 Jun, 2026

Ceasefire in name

Both sides accuse the other of violating the truce that was supposed to halt the conflict in April, yet neither appears willing to abandon negotiations altogether.
Damaged childhoods
08 Jun, 2026

Damaged childhoods

CHILD abuse is so prevalent that the UN ranked Pakistan as the least safe country for children. Even so, more than...