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French businessmen asked to invest in Pakistan

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by September 29, 2015 General

Paris, September 29, 2015 (PPI-OT): Ambassador of Pakistan to France, Mr. Ghalib Iqbal has asked French Businessmen to invest in Pakistan. He was addressing French Businessmen at Lyon Chamber of Commerce and Industry, this afternoon. Lyon is the Business hub in the south of France. The Ambassador said that Pakistan offers wonderful opportunities for French investors. He stated that Pakistan is a very good destination for those who want to make profits through business.

Admitting that there were a few security issues in Pakistan, he said that these were basically the issues of perception. He emphasized that perception cannot be changed without actually witnessing the reality. He invited Lyon businessmen to visit Pakistan in order to explore the investment and business opportunities with potential counterparts.

For this purpose he announced that the Government of Pakistan could organize a visit of a delegation of French Businessmen to Pakistan so that they could see the actual state of affairs with their own eyes. This would also give them the opportunity to meet with potential business partners in Pakistan.

The Ambassador said that the annual trade volume between Pakistan and France (around 1.5 Billion US$) has the potential to grow by 300% over the next three years. He pointed out areas of investment and trade between the two countries such as energy, agriculture, mining and minerals, automotive parts, textiles, fisheries, infrastructure and chemicals and pharmaceuticals.

He encouraged French businessmen to explore business options in Pakistan, since Pakistan offers a favourable business environment, which is backed by the full support of the present government. The representatives of French companies, Alstom, Schneider Electric, Vinci and Sunberg, which are already operating in Pakistan, also spoke to the participants in order to share their experiences of doing business in Pakistan. They said that working in Pakistan was extremely profitable and safe and that French businesses should take advantage of this opportunity.

The Lyon Chamber of Commerce and Industry is the largest business forum of south of France with 75,000 companies registered with it. The Ambassador had a separate meeting with its vice-president Ms. Elizabeth Thion. The business conference was jointly organized and coordinated by the Lyon Chamber of Commerce and the Embassy of Pakistan in Paris.

For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +92-51-9252323 and +92-51-9252324
Fax: +92-51-9252325 and +92-51-9252326


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