SINGAPORE: Pakistan on Saturday welcoming, interest of the Singapore companies to diversify their investment in Pakistan, assured to offer them enormous opportunities, facilities and investment friendly atmosphere.
High Commission of Pakistan to Singapore Syed Hasan Javed while addressing a group of investors at a dinner reception hosted by him said, “Pakistan offered enormous opportunities for foreign investors as a destination with 180 million population and a rare location advantage as a gateway to half of world's population in India, China Central Asia, West Asia and Gulf Region.”
The dinner reception was attended by group of forty CEOs (Chief Executive Officer) and Chief Financial Officers (CFOs) of prominent Singapore companies and chairmen of prominent Singaporean Trade Bodies as well as prominent Pakistani professionals and businessmen.
The ambassador briefed them on Pakistan's economic potential, resource endowments, investment policies and opportunities for partnership with foreign investors.
He said that global economic and financial situation were undergoing a rapid transformation and it was necessary for all companies to diversify for profit sustainability and economic survival.
The ambassador said Pakistan's mineral resources were many trillion worth of dollars and it enjoyed a demographic dividend and vibrant agriculture.
He said Pakistan was ideally located in an energy rich neighbourhood and blessed with abundant energy resources of its own.
Pakistani manpower is hardworking, English knowing and quick at technologies assimilation and learning.
He said over 700 multinational companies are already doing profitable business in Pakistan and foreign companies are allowed 100 per cent repatriation of their Equity, profit and dividend and enjoy full protection under law.
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