More Japanese companies express keen interest to make huge investment in Pakistan

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More Japanese companies express keen interest to make huge investment in Pakistan

ISLAMABAD - More Japanese companies express keen interest to make huge investment in Pakistan.

Atleast three Japanese companies have shown interest to start their business units in Pakistan. This was revealed by Consul General of Japan, Toshikazu Isomura.

He was speaking at a meeting of Karachi Chamber of Commerce & Industry(KCCI), in which he said that Pakistan and Afghanistan represent a huge market with a population of around 250 million which could offer a lot of trade and investment opportunities to the Japanese business community looking forward to expand businesses in this important region.

He stated that it was his desire to strengthen and improve trade and investment relations with Pakistan and they are trying their best in this regard.

“Currently, a total of 80 Japanese companies are successfully operating from Pakistan but this number is nothing if we compare it with 4,500 Japanese companies operating in Thailand and around 17,000 in China,” he said.

He mentioned that although a lot of Japanese companies have their production units in India, which was also a huge market, but these companies simply cannot send their goods and services to Pakistan because of the poor relations and tensions between Pakistan and India, ‘which is an issue’.

Highlighting the operations of some major Japanese companies in Pakistan, he particularly mentioned that Suzuki, Honda, Toyota, Isuzu and Hino are successfully running their businesses in the automobile sector while Nissan will also start its operations in Pakistan soon.