KARACHI: Pakistan has improved the confidence of foreign investors through
actions taken for betterment of security and continuous economic growth,
Philippe Crevoisier, Consul General of Switzerland in Karachi said on
Friday.
“I see progress in law and order situation in Pakistan. Besides commercial
and economic activities in the country are very impressive,” he said while
inaugurating the 14th International Plastic, Printing and Packaging
Exhibition held at Expo Center Karachi.
Event is organized by the FAKT Exhibitions have participation by 300
companies from all over country and abroad. This will continue till Sunday
March 18th.
Consul General said that Pakistan is one of the biggest markets for
foreign investors. Such exhibitions will help the country to bring foreign
investment in the country. Importers from various countries, including
Switzerland are assessing the market for placing orders, he told.
Talking about China Pakistan Economic Corridor (CPEC), he said it was
great opportunity for Pakistan to take advantage and improve its market
size and economic activities.
To a question regarding Pakistan’s reliance on China for economic growth
under CPEC, he said that trade activities of Europe Union (EU) countries
were within the neighboring countries. “It is good to see Pakistan is
partnering with neighboring country,” the consul general added.
Rainer Schmiedchen, Consul General of Germany in Karachi was also present
at the inaugural ceremony.
On the occasion, Chief Executive Officer (CEO) FAKT Exhibitions Muhammad
Saleem Khan Tanoli said that it was major exhibition in the country and
during the three-day exhibition about 350 companies from different
countries would display their products.
He said that the companies participating exhibition, are mainly from
Germany, China, Sri Lanka, Italy, Switzerland etc.
Tanoli said that the primary object of the exhibition is to attract
foreign direct investment for the country. The exhibition will help in
creating business opportunity and networking for the manufacturing sector.
Event is committed to build new as well as strengthen existing business
relations between Pakistani companies and rest of the world, he
emphasized.
It is interesting to know that FAKT Exhibitions has been organizing this
flagship event for the last 15 years on regular basis to keep local sector
abreast of latest technological developments and best practices applied by
world famous groups and companies in plastic, printing and packaging
sectors, he told.
Tanoli said that the exhibition had all the impulses to make a benchmark
in the Plastic, Printing and Packaging businesses.
