Thai delegation visits Islamabad Chamber of Commerce and Industry to explore investment opportunities in Pakistan

Islamabad, October 02, 2015 (PPI-OT):A Thai delegation led by Ms. Chollada Areerajjakul, Executive Director, Board of Investment of Thailand along with representatives of Billiger and Company of Thailand visited Islamabad Chamber of Commerce and Industry to discuss and explore investment opportunities in Pakistan with special interest in food, processed agricultural products, textiles and clothing, construction, pharmaceutical and jewellery.

Speaking at the occasion, Ms. Chollada Areerajjakul, Executive Director, Thai Board of Investment and delegation members said that they consider Pakistan a potential country for investment and have come to explore opportunities for Thai investors.

They said Indian pharmaceutical companies have entered in Thailand and stressed that Pakistani manufacturers of pharmaceuticals and other products should improve quality of their products to get better penetration in Thailand market. They said Pakistan and Thailand have started negotiations for signing a Free Trade Agreement and hoped that FTA would help in boosting the bilateral trade between the two countries.

Addressing the Thai delegation, Atif Ikram Sheikh, President, Islamabad Chamber of Commerce and Industry stressed upon the need of regular exchange of trade delegations between Pakistan and Thailand to find out all potential areas of mutual cooperation and to improve bilateral trade.

He identified agriculture, food processing, IT and telecommunication, engineering, pharmaceutical, automobile and construction as potential sectors for Thai investment in Pakistan. He said Pakistan was basically an agro-based economy with huge foreign investment potential and emphasized that Thai investors should bring latest agriculture technology and machinery to Pakistan and establish joint ventures here to produce value added food and textiles products.

He said Pakistan has made liberal investment policies and Thai investors should set up production plants in areas of interest to get better access to South and Central Asian markets. He assured that ICCI would extend all possible help to Thai investors for making investment in Pakistan.

Sheikh Pervez Ahmed Senior Vice President and Sheikh Abdul Waheed Vice President ICCI said that Pakistan and Thailand have the potential to become hubs of trade and investment as they enjoyed strategic location in their respective regions. They stressed that both countries should encourage direct linkages between their private sectors to promote trade and investment up to real potential.

For more information, contact:
Khalid Chaudhry
Islamabad Chamber of Commerce and Industry (ICCI)
Chamber House, Aiwan-e-Sanat-o-Tijarat Road,
Mauve Area, G-8/1,
Islamabad, Pakistan
Tel: +9251 225 0526, 2253145, 8432676
Fax: +9251 225 2950
Email: icci@brain.net.pk
Website: www.icci.com.pk